Expion360 (NASDAQ:XPON) Downgraded to Strong Sell Rating by Wall Street Zen

Expion360 (NASDAQ:XPON) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “strong sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Expion360 in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Expion360 Stock Performance

Shares of XPON stock opened at $0.57 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.69 and a current ratio of 7.07. Expion360 has a 52 week low of $0.56 and a 52 week high of $5.50. The company’s 50 day moving average price is $0.77 and its two-hundred day moving average price is $1.06. The company has a market capitalization of $6.18 million, a P/E ratio of -0.41 and a beta of 0.28.

Expion360 (NASDAQ:XPON) last issued its quarterly earnings results on Tuesday, March 17th. The company reported ($0.70) earnings per share for the quarter. Expion360 had a negative return on equity of 119.83% and a negative net margin of 64.61%.The business had revenue of $2.22 million for the quarter. On average, analysts expect that Expion360 will post -21.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Expion360

A hedge fund recently raised its stake in Expion360 stock. Geode Capital Management LLC grew its stake in shares of Expion360 Inc. (NASDAQ:XPON) by 207.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,639 shares of the company’s stock after acquiring an additional 46,339 shares during the period. Geode Capital Management LLC owned 0.71% of Expion360 worth $47,000 at the end of the most recent quarter. 34.50% of the stock is currently owned by institutional investors and hedge funds.

Expion360 Company Profile

Expion360, trading under the ticker XPON on the NASDAQ, is a cybersecurity software company that operates through its Leviathan Security Group division. The company’s flagship offering, the Leviathan Platform, delivers a unified risk management solution designed to help organizations identify, assess and remediate cybersecurity vulnerabilities. By consolidating compliance management, threat detection and data protection into a single platform, Expion360 enables enterprises to streamline security workflows and maintain continuous visibility into their cyber risk posture.

The Leviathan Platform encompasses modules for vulnerability scanning, automated compliance mapping to frameworks such as NIST, HIPAA and PCI DSS, real-time threat intelligence and incident response orchestration.