Expion360 (NASDAQ:XPON) Releases Quarterly Earnings Results

Expion360 (NASDAQ:XPON) issued its earnings results on Friday. The company reported ($0.17) earnings per share for the quarter, FiscalAI reports. Expion360 had a negative return on equity of 119.83% and a negative net margin of 64.61%.The company had revenue of $1.57 million during the quarter.

Expion360 Trading Down 1.9%

Shares of NASDAQ XPON opened at $0.59 on Friday. The stock’s 50 day moving average price is $0.67 and its two-hundred day moving average price is $0.85. Expion360 has a 52-week low of $0.49 and a 52-week high of $5.50. The stock has a market capitalization of $6.75 million, a P/E ratio of -0.50 and a beta of 0.54. The company has a quick ratio of 4.20, a current ratio of 7.07 and a debt-to-equity ratio of 0.03.

Wall Street Analyst Weigh In

XPON has been the subject of a number of analyst reports. Wall Street Zen downgraded Expion360 from a “hold” rating to a “strong sell” rating in a report on Saturday, March 21st. Weiss Ratings reissued a “sell (e+)” rating on shares of Expion360 in a report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Trading of Expion360

An institutional investor recently raised its position in Expion360 stock. Geode Capital Management LLC raised its position in shares of Expion360 Inc. (NASDAQ:XPON) by 207.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,639 shares of the company’s stock after buying an additional 46,339 shares during the quarter. Geode Capital Management LLC owned about 0.71% of Expion360 worth $47,000 at the end of the most recent quarter. Institutional investors own 34.50% of the company’s stock.

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.