Beyond Air Stock Today

XAIR Stock  USD 0.57  0.10  14.93%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Over 77

 
High
 
Low
High
Beyond Air is selling at 0.57 as of the 28th of November 2024; that is 14.93 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.51. Beyond Air has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Beyond Air are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
22nd of September 2017
Category
Healthcare
Classification
Health Care
Beyond Air, Inc. operates as a commercial medical device and biopharmaceutical company. The company was formerly known as AIT Therapeutics, Inc. and changed its name to Beyond Air, Inc. in June 2019. Beyond Air operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. The company has 72.19 M outstanding shares of which 1.45 M shares are at this time shorted by private and institutional investors with about 1.62 trading days to cover. More on Beyond Air

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Beyond Stock Highlights

Chairman of the Board, CEOSteven Lisi
Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, Drugs, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02220.0234
Notably Down
Slightly volatile
Total Current Liabilities5.9 M11.6 M
Way Down
Slightly volatile
Total Assets31.2 M57 M
Way Down
Slightly volatile
Total Current Assets27.8 M43.9 M
Way Down
Slightly volatile
Debt Levels
Beyond Air can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Beyond Air's financial leverage. It provides some insight into what part of Beyond Air's total assets is financed by creditors.
Liquidity
Beyond Air currently holds 17.84 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Beyond Air has a current ratio of 8.24, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Beyond Air's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

6.03 Million
Beyond Air (XAIR) is traded on NASDAQ Exchange in USA. It is located in 900 Stewart Avenue, Garden City, NY, United States, 11530 and employs 107 people. Beyond Air is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 48.15 M. Beyond Air conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 72.19 M outstanding shares of which 1.45 M shares are at this time shorted by private and institutional investors with about 1.62 trading days to cover. Beyond Air currently holds about 72.77 M in cash with (56.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Beyond Air Probability Of Bankruptcy
Ownership Allocation
Beyond Air holds a total of 72.19 Million outstanding shares. 30% of Beyond Air outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Beyond Ownership Details

Beyond Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
223.6 K
State Street Corp2024-06-30
154.3 K
Northern Trust Corp2024-09-30
134.6 K
Advisor Group Holdings, Inc.2024-06-30
129.6 K
Citadel Advisors Llc2024-09-30
100.7 K
Millennium Management Llc2024-06-30
89.2 K
Jane Street Group Llc2024-06-30
87.8 K
Goss Wealth Management Llc2024-06-30
75.1 K
Qube Research & Technologies2024-06-30
58.6 K
Aigh Capital Management, Llc2024-09-30
3.6 M
Soros Fund Management Llc2024-09-30
1.5 M
View Beyond Air Diagnostics

Beyond Air Historical Income Statement

At this time, Beyond Air's Reconciled Depreciation is relatively stable compared to the past year. As of 11/28/2024, Minority Interest is likely to grow to about 4.3 M, though EBIT is likely to grow to (58.3 M). View More Fundamentals

Beyond Stock Against Markets

Beyond Air Corporate Management

Duncan FatkinChief Commercial OfficerProfile
Giora MDChief OfficerProfile
David WebsterChief OfficerProfile
Michael GaulChief OfficerProfile
Jeff MDChief OfficerProfile

Already Invested in Beyond Air?

The danger of trading Beyond Air is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Beyond Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Beyond Air. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Beyond Air is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Beyond Stock Analysis

When running Beyond Air's price analysis, check to measure Beyond Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Beyond Air is operating at the current time. Most of Beyond Air's value examination focuses on studying past and present price action to predict the probability of Beyond Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Air's price. Additionally, you may evaluate how the addition of Beyond Air to your portfolios can decrease your overall portfolio volatility.