Expion360 (NASDAQ:XPON) Releases Earnings Results

Expion360 (NASDAQ:XPON) posted its quarterly earnings results on Thursday. The company reported $0.10 EPS for the quarter, Zacks reports. Expion360 had a negative net margin of 137.70% and a negative return on equity of 427.62%.

Expion360 Price Performance

Shares of NASDAQ:XPON opened at $1.49 on Friday. The stock has a market capitalization of $5.16 million, a P/E ratio of -0.06 and a beta of 0.19. The business has a 50-day moving average of $1.39 and a two-hundred day moving average of $1.20. Expion360 has a fifty-two week low of $0.60 and a fifty-two week high of $5.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.27 and a quick ratio of 0.39.

Analysts Set New Price Targets

A number of research firms recently issued reports on XPON. Wall Street Zen raised Expion360 to a “hold” rating in a research report on Saturday, September 20th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Expion360 in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Expion360 currently has an average rating of “Sell”.

Expion360 Company Profile

Expion360 Inc designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications. It provides battery monitors; direct current battery chargers; various models of industrial tie-downs; power generators AURA POWERCAP; terminal blocks; and bus bars.