Expion360 (NASDAQ:XPON) Trading 0.2% Higher – Still a Buy?

Expion360 Inc. (NASDAQ:XPON) shares traded up 0.2% on Wednesday . The stock traded as high as $0.5399 and last traded at $0.5260. 99,171 shares were traded during trading, a decline of 36% from the average session volume of 154,500 shares. The stock had previously closed at $0.5250.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Expion360 in a research report on Monday, April 20th. Wall Street Zen downgraded shares of Expion360 from a “hold” rating to a “strong sell” rating in a report on Saturday, March 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Expion360 Stock Performance

The firm has a market capitalization of $6.08 million, a PE ratio of -0.45 and a beta of 0.54. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.44 and a quick ratio of 4.07. The company’s fifty day simple moving average is $0.64 and its 200 day simple moving average is $0.80.

Expion360 (NASDAQ:XPON) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.17) earnings per share (EPS) for the quarter. Expion360 had a negative return on equity of 115.70% and a negative net margin of 74.66%.The firm had revenue of $1.57 million during the quarter.

Institutional Investors Weigh In On Expion360

An institutional investor recently raised its position in Expion360 stock. Geode Capital Management LLC lifted its position in Expion360 Inc. (NASDAQ:XPON) by 207.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and 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 approximately 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.