XTI Aerospace (NASDAQ:XTIA) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

XTI Aerospace, Inc. (NASDAQ:XTIAGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $30.47 and traded as low as $4.45. XTI Aerospace shares last traded at $4.53, with a volume of 146,743 shares trading hands.

Analyst Ratings Changes

Separately, Maxim Group raised shares of XTI Aerospace to a “strong-buy” rating in a report on Friday, January 31st.

Check Out Our Latest Research Report on XTI Aerospace

XTI Aerospace Price Performance

The business has a 50 day moving average of $9.32 and a 200 day moving average of $30.47. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.46.

XTI Aerospace Company Profile

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XTI Aerospace, Inc engages in the provision of aircraft manufacturing. It primarily focuses on the light and mid-size business aircraft market. The company was founded in April 1999 and is headquartered in Englewood, CO.

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