The stock of Beyond Air Inc (NASDAQ:XAIR) last traded at $0.21, up 1.40% from the previous session.
XAIR stock price is now -23.60% away from the 50-day moving average and -47.99% away from the 200-day moving average. The market capitalization of the company currently stands at $18.54M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On July 28, 2023, Piper Sandler recently initiated its ‘Overweight’ rating on the stock quoting a target price of $10, while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, Carey Robert, Director bought 1,000,000 shares of the company’s stock on Mar 14 ’25. The stock was bought for $250,050 at an average price of $0.25. Upon completion of the transaction, the Director now directly owns 4,076,864 shares in the company, valued at $0.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Chief Operating Officer Gaul Michael A. bought 6,000 shares of the business’s stock. A total of $2,294 was incurred on buying the stock at an average price of $0.38. This leaves the insider owning 94,150 shares of the company worth $19771.5. A total of 12.88% of the company’s stock is owned by insiders.
During the past 12 months, Beyond Air Inc has had a low of $0.21 and a high of $1.49. As of last week, the company has a debt-to-equity ratio of 0.61, a current ratio of 3.56, and a quick ratio of 3.12. The fifty day moving average price for XAIR is $0.27492 and a two-hundred day moving average price translates $0.40383 for the stock.
The latest earnings results from Beyond Air Inc (NASDAQ: XAIR) was released for 2024-12-31. The net profit margin was -1730.00% and return on equity was -271.97% for XAIR. The company reported revenue of $1.07 million for the quarter, compared to $0.39 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 174.17 percent.
