XOS (NASDAQ:XOS – Get Rating) will be releasing its earnings data after the market closes on Wednesday, March 29th. Analysts expect XOS to post earnings of ($0.16) per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.
XOS Price Performance
NASDAQ:XOS opened at $0.54 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 5.13 and a current ratio of 9.40. The stock's 50-day simple moving average is $0.84 and its 200 day simple moving average is $0.92. The company has a market cap of $91.26 million, a P/E ratio of -2.09 and a beta of 2.15. XOS has a 52-week low of $0.43 and a 52-week high of $3.55.
Get XOS alerts:Insiders Place Their Bets
In other XOS news, Director George N. Mattson purchased 80,416 shares of the stock in a transaction on Thursday, January 5th. The shares were purchased at an average price of $0.67 per share, with a total value of $53,878.72. Following the completion of the transaction, the director now directly owns 184,597 shares in the company, valued at $123,679.99. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director George N. Mattson bought 100,000 shares of the firm's stock in a transaction dated Monday, January 9th. The shares were bought at an average price of $0.95 per share, with a total value of $95,000.00. Following the completion of the transaction, the director now owns 284,597 shares of the company's stock, valued at $270,367.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director George N. Mattson bought 80,416 shares of the firm's stock in a transaction dated Thursday, January 5th. The stock was purchased at an average cost of $0.67 per share, for a total transaction of $53,878.72. Following the transaction, the director now directly owns 184,597 shares of the company's stock, valued at approximately $123,679.99. The disclosure for this purchase can be found here. Insiders have acquired a total of 643,667 shares of company stock valued at $570,344 over the last 90 days. 54.60% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in XOS. BlackRock Inc. grew its stake in shares of XOS by 1.1% in the third quarter. BlackRock Inc. now owns 2,349,192 shares of the company's stock valued at $2,820,000 after acquiring an additional 25,970 shares in the last quarter. State Street Corp increased its holdings in shares of XOS by 7.5% during the third quarter. State Street Corp now owns 1,304,965 shares of the company's stock worth $1,566,000 after purchasing an additional 90,766 shares during the period. Northern Trust Corp increased its holdings in shares of XOS by 406.9% during the second quarter. Northern Trust Corp now owns 472,316 shares of the company's stock worth $869,000 after purchasing an additional 379,139 shares during the period. Bank of New York Mellon Corp raised its position in shares of XOS by 12.3% in the third quarter. Bank of New York Mellon Corp now owns 134,454 shares of the company's stock valued at $161,000 after buying an additional 14,756 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of XOS in the fourth quarter valued at approximately $57,000. Institutional investors own 12.07% of the company's stock.
XOS Company Profile
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Xos, Inc, a mobility solutions company, manufactures and sells battery-electric commercial vehicles. It offers a range of services to facilitate the transition of fleets to electric vehicles, including charging infrastructure, vehicle maintenance, financing, and service. The company was founded in 2020 and is headquartered in Los Angeles, California.
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