Insider Buying: Quantum X Labs (NASDAQ:QXL) Director Acquires $21,465.00 in Stock

Quantum X Labs Inc. (NASDAQ:QXL) Director Eliyahu Yoresh purchased 4,500 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was bought at an average price of $4.77 per share, with a total value of $21,465.00. Following the transaction, the director directly owned 7,018 shares in the company, valued at $33,475.86. This trade represents a 178.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Quantum X Labs Price Performance

NASDAQ QXL opened at $4.71 on Thursday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.01. Quantum X Labs Inc. has a 1 year low of $0.96 and a 1 year high of $7.70.

Analysts Set New Price Targets

Separately, Weiss Ratings began coverage on shares of Quantum X Labs in a report on Friday, August 21st. They set a “sell (d-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Quantum X Labs Company Profile

Viewbix Inc operates as an interactive video technology and data platform company in Israel. The company develops an interactive video platform based on SaaS business model with interactive elements and ability to collect and analyze information about each interactive action performed during the viewing of the video clip, as well as allows advertiser to analyze user viewing habits and optimize real-time throughout the campaign while increasing the effectiveness of online and live video advertising.