Expion360 Inc (NASDAQ: XPON) is -7.11% lower on its value in year-to-date trading and has touched a low of $1.76 and a high of $535.47 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 XPON stock was last observed hovering at around $2.00 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $2.22, the stock is 5.34% and -18.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 11.00% at the moment leaves the stock -97.26% off its SMA200. XPON registered -99.56% loss for a year compared to 6-month loss of -97.71%. The firm has a 50-day simple moving average (SMA 50) of $2.7404 and a 200-day simple moving average (SMA200) of $80.94065.
The stock witnessed a 6.22% gain in the last 1 month and extending the period to 3 months gives it a -54.04%, and is -1.33% 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 42.78% over the week and 17.23% over the month.
Expion360 Inc (XPON) has around 23 employees, a market worth around $5.16M and $4.50M in sales. Profit margin for the company is -342.67%. Distance from 52-week low is 26.14% and -99.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-458.80%).
The EPS is expected to grow by 74.64% this year.
Expion360 Inc (XPON) Top Institutional Holders
8.0 institutions hold shares in Expion360 Inc (XPON), with institutional investors hold 5.84% of the company’s shares. The shares outstanding are 2.10M, and float is at 2.03M with Short Float at 14.91%. Institutions hold 5.09% of the Float.
The top institutional shareholder in the company is CITADEL ADVISORS LLC with over 49888.0 shares valued at $49888.0. The investor’s holdings represent 0.712% of the XPON Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 48559.0 shares valued at $48559.0 to account for 0.6931 of the shares outstanding. The other top investors are CAHILL WEALTH MANAGEMENT, LLC which holds 44387.0 shares representing 0.6335% and valued at over $44387.0, while GEODE CAPITAL MANAGEMENT, LLC holds 0.4871 of the shares totaling 34132.0 with a market value of $34138.0.
Expion360 Inc (XPON) Insider Activity
The most recent transaction is an insider sale by Yozamp John Henry, the company’s 10% Owner. SEC filings show that Yozamp John Henry sold 29,727 shares of the company’s common stock on Jun 05 ’24 at a price of $1.57 per share for a total of $46671.0. Following the sale, the insider now owns 1.69 million shares.
Expion360 Inc disclosed in a document filed with the SEC on Jun 04 ’24 that Yozamp John Henry (10% Owner) sold a total of 5,273 shares of the company’s common stock. The trade occurred on Jun 04 ’24 and was made at $1.67 per share for $8806.0. Following the transaction, the insider now directly holds 1.72 million shares of the XPON stock.
Still, SEC filings show that on Jan 16 ’24, Yozamp John Henry (10% Owner) disposed off 23,035 shares at an average price of $4.72 for $0.11 million. The insider now directly holds 1,727,182 shares of Expion360 Inc (XPON).
