Beyond Air ( NASDAQ:XAIR – Get Free Report ) issued its quarterly earnings results on Wednesday. The company reported ($3.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($3.31) by ($0.45), Zacks reports. Beyond Air had a negative net margin of 435.71% and a negative return on equity of 440.26%.
Beyond Air Price Performance
Shares of NASDAQ:XAIR traded up $0.11 on Wednesday, reaching $2.63. 626,930 shares of the company traded hands, compared to its average volume of 182,259. Beyond Air has a fifty-two week low of $2.05 and a fifty-two week high of $53.20. The company’s 50 day moving average is $2.68 and its 200-day moving average is $9.55. The stock has a market capitalization of $2.52 million, a PE ratio of -0.04 and a beta of 0.23. The company has a debt-to-equity ratio of 7.81, a current ratio of 3.31 and a quick ratio of 3.12.
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Wall Street Analyst Weigh In
A number of brokerages have weighed in on XAIR. Weiss Ratings raised shares of Beyond Air from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, October 29th. Lake Street Capital started coverage on shares of Beyond Air in a research report on Tuesday, ...