The stock of XWELL Inc. (NASDAQ:XWEL) last traded at $0.39, down -4.29% from the previous session.
Data from the available sources indicates that XWELL Inc. (NASDAQ:XWEL) is covered by 1 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $1.50 and a low of $1.50, we find $1.50. Given the previous closing price of $0.41, this indicates a potential upside of 265.85 percent. XWEL stock price is now -11.55% away from the 50-day moving average and -47.62% away from the 200-day moving average. The market capitalization of the company currently stands at $30.40M.
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In total, 0 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $1.50 as their price target over the next twelve months.
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In other news, Milford Scott R, Chief Executive Officer bought 22,950 shares of the company’s stock on Dec 06. The stock was bought for $12,462 at an average price of $0.54. Upon completion of the transaction, the Chief Executive Officer now directly owns 41,155 shares in the company, valued at $16050.45. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 05, Chief Executive Officer Milford Scott R bought 5,800 shares of the business’s stock. A total of $2,958 was incurred on buying the stock at an average price of $0.51. This leaves the insider owning 18,205 shares of the company worth $7099.95. Insiders disposed of 85,020 shares of company stock worth roughly $33157.8 over the past 1 year. A total of 1.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in XWEL stock. A new stake in XWELL Inc. shares was purchased by GROUP ONE TRADING, L.P. during the first quarter worth $31,000. VIRTU FINANCIAL LLC invested $15,000 in shares of XWEL during the first quarter. In the first quarter, BRIDGEWAY CAPITAL MANAGEMENT, LLC acquired a new stake in XWELL Inc. valued at approximately $7,000. In total, there are 52 active investors with 18.00% ownership of the company’s stock.
With an opening price of $0.4100 on Monday morning, XWELL Inc. (NASDAQ: XWEL) set off the trading day. During the past 12 months, XWELL Inc. has had a low of $0.31 and a high of $1.61. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 5.00, and a quick ratio of 4.90. The fifty day moving average price for XWEL is $0.4376 and a two-hundred day moving average price translates $0.7412 for the stock.
The latest earnings results from XWELL Inc. (NASDAQ: XWEL) was released for Jun, 2022. According to the Personal Services Company, earnings per share came in at -$0.08, beating analysts’ expectations of -$0.1 by 0.02. This compares to $0.06 EPS in the same period last year. The net profit margin was -20.70% and return on equity was -21.70% for XWEL. The company reported revenue of $10.74 million for the quarter, compared to $26.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -59.89 percent. For the current quarter, analysts expect XWEL to generate $14.37M in revenue.
XWELL Inc.(XWEL) Company Profile
XWELL Inc., a health and wellness services company, provides spa services at airports. It operates through XpresSpa, XpresTest, Treat, and HyperPointe brands. The company offers spa services, including massage, and nail and skin care, as well as spa and travel products; and retail products. It also operates wellness centers that provides COVID-19 screening and testing, and rapid testing services for other communicable diseases, such as influenza, COVID-19, RSV, Flu A&B, and seasonal flu vaccination services; and other medical diagnostic testing services. In addition, the company offers services through an integrated digital platform, and a relevant retail offering to the traveling public. As of December 31, 2021, it operated 52 spa and clinic locations in 24 airports in the United States, the Netherlands, and the United Arab Emirates. The company was formerly known as XpresSpa Group, Inc. and changed its name to XWELL Inc. in October 2022. XWELL Inc. is headquartered in New York, New York.
