XTI Aerospace (NASDAQ:XTIA – Get Free Report) announced its earnings results on Wednesday. The technology company reported ($0.61) EPS for the quarter, Zacks reports. XTI Aerospace had a negative net margin of 1,714.04% and a negative return on equity of 655.07%.
XTI Aerospace Stock Performance
NASDAQ XTIA traded down $0.14 on Wednesday, hitting $1.39. 1,936,023 shares of the company’s stock were exchanged, compared to its average volume of 1,748,503. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 0.99. The firm’s 50-day moving average price is $1.54 and its two-hundred day moving average price is $1.87. The firm has a market cap of $28.15 million, a price-to-earnings ratio of -0.04 and a beta of 4.84. XTI Aerospace has a fifty-two week low of $0.96 and a fifty-two week high of $60.00.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in XTI Aerospace stock. Virtu Financial LLC purchased a new stake in shares of XTI Aerospace, Inc. (NASDAQ:XTIA – Free Report) in the third quarter, according to its most recent filing with the SEC. The firm purchased 28,768 shares of the technology company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.14% of XTI Aerospace at the end of the most recent quarter. Hedge funds and other institutional investors own 11.70% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on XTI Aerospace
XTI Aerospace Company Profile
XTI Aerospace, Inc engages in the provision of aircraft manufacturing. It primarily focuses on the light and mid-size business aircraft market. The company was founded in April 1999 and is headquartered in Englewood, CO.
See Also
- Five stocks we like better than XTI Aerospace
- 3 Monster Growth Stocks to Buy Now
- End the Year Strong With These 3 Comeback Champions
- Investing in Travel Stocks Benefits
- Down 45% Year-to-Date, Novo Nordisk Ignites a Price War
- What is a Microcap Stock? Everything You Need to Know
- Institutions Love These 3 Companies, Should You As Well?
Receive News & Ratings for XTI Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XTI Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
