XWELL (NASDAQ:XWEL) Stock Price Down 4.5% – What’s Next?

Shares of XWELL, Inc. (NASDAQ:XWEL) fell 4.5% during trading on Monday . The stock traded as low as $0.2706 and last traded at $0.3906. 6,070,875 shares were traded during trading, an increase of 439% from the average session volume of 1,126,655 shares. The stock had previously closed at $0.4090.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of XWELL in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, XWELL has an average rating of “Sell”.

XWELL Stock Performance

The stock has a market capitalization of $2.25 million, a P/E ratio of -0.12 and a beta of 1.51. The stock has a 50-day simple moving average of $0.53 and a 200 day simple moving average of $0.84.

XWELL (NASDAQ:XWEL) last released its earnings results on Friday, November 14th. The company reported ($0.26) earnings per share for the quarter. XWELL had a negative return on equity of 352.37% and a negative net margin of 51.85%.The firm had revenue of $7.35 million for the quarter.

About XWELL

XWELL, Inc provides health and wellness services in airport and off airport marketplaces in the United States and internationally. It operates in four segments: XpresSpa, XpresTest, Naples Wax Center, and Treat. The XpresSpa segment traveler's spa services, including massage, nail, and skin care services, as well as spa and travel products. The XpresTest segment offers diagnostic COVID-19 tests at XpresCheck Wellness Centers in airports, to airport employees and to the traveling public but has transitioned to the CDC's bio-surveillance program; and provides marketing support through HyperPointe business to various health and health-related channels.