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Exela Technologies Inc. (XELA) weekly volatility stands at 10.87%: What It Means

Exela Technologies Inc. (NASDAQ:XELA) previous close was $1.57 while the outstanding shares total 50.65M. The firm has a beta of 1.79. XELA’s shares traded higher over the last trading session, gaining 2.55% on 05/18/21. The shares fell to a low of $1.53 before closing at $1.61. Intraday shares traded counted 0.76 million, which was 93.49% higher than its 30-day average trading volume of 11.64M. The stock’s Relative Strength Index (RSI) is 38.70, with weekly volatility at 10.87% and ATR at 0.15. The XELA stock’s 52-week price range has touched low of $0.81 and a $7.82 high.

Investors have identified the Software – Application company Exela Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $87.21 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Exela Technologies Inc. (XELA) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For XELA, the company has in raw cash 23.74 million on their books with 39.71 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 288.79 million total, with 419.61 million as their total liabilities.

Is the stock of XELA attractive?

In related news, Director, CHADHA PAR sold 100,000 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 1.89, for a total value of 189,000. As the sale deal closes, the Director, CHADHA PAR now sold 100,000 shares of the company’s stock, valued at 222,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.

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