Gaxos.AI Inc (NASDAQ: GXAI) is -70.10% lower on its value in year-to-date trading and has touched a low of $1.01 and a high of $19.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GXAI stock was last observed hovering at around $1.25 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $1.22, the stock is -9.76% and -16.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing -2.40% at the moment leaves the stock -64.50% off its SMA200. GXAI registered -73.13% loss for a year compared to 6-month loss of -66.69%. The firm has a 50-day simple moving average (SMA 50) of $1.4848 and a 200-day simple moving average (SMA200) of $3.4436.
The stock witnessed a -16.44% gain in the last 1 month and extending the period to 3 months gives it a -54.98%, and is -0.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.31% over the week and 12.83% over the month.
Gaxos.AI Inc (GXAI) has around 3 employees, a market worth around $2.31M and $0.00M in sales. Profit margin for the company is -113687.68%. Distance from 52-week low is 20.79% and -93.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-50.44%).
The shares outstanding are 1.89M, and float is at 1.67M with Short Float at 45.95%.
