Gaxos.AI Inc (NASDAQ: GXAI) is -26.46% 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 $1.71 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $1.89, the stock is -27.81% and -12.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 10.53% at the moment leaves the stock -33.83% off its SMA200. GXAI registered -44.56% loss for a year compared to 6-month gain of -14.86%. The firm has a 50-day simple moving average (SMA 50) of $2.1562 and a 200-day simple moving average (SMA200) of $2.877385.
The stock witnessed a -48.92% loss in the last 1 month and extending the period to 3 months gives it a 48.82%, and is -30.77% 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 17.08% over the week and 22.74% over the month.
Gaxos.AI Inc (GXAI) has around 3 employees, a market worth around $6.99M and $0.00M in sales. Profit margin for the company is -113687.68%. Distance from 52-week low is 87.13% and -90.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-50.44%).
The shares outstanding are 3.70M, and float is at 3.37M with Short Float at 7.18%.
