XpresSpa Group (XSPA) Shares Down 7.2%

XpresSpa Group Inc (NASDAQ:XSPA)’s share price fell 7.2% during trading on Wednesday . The stock traded as low as $0.19 and last traded at $0.19. 725,057 shares traded hands during trading, a decline of 66% from the average session volume of 2,130,037 shares. The stock had previously closed at $0.20.

Separately, Zacks Investment Research raised XpresSpa Group from a “sell” rating to a “hold” rating in a research report on Wednesday, October 24th.

The company has a debt-to-equity ratio of 0.44, a current ratio of 0.43 and a quick ratio of 0.35. The stock has a market cap of $5.81 million, a P/E ratio of -0.26 and a beta of -1.00.

XpresSpa Group (NASDAQ:XSPA) last announced its quarterly earnings data on Wednesday, November 14th. The company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.01. The business had revenue of $12.92 million during the quarter, compared to analyst estimates of $13.28 million. XpresSpa Group had a negative return on equity of 49.96% and a negative net margin of 81.86%. Analysts anticipate that XpresSpa Group Inc will post -0.49 earnings per share for the current fiscal year.

A hedge fund recently bought a new stake in XpresSpa Group stock. BlackRock Inc. purchased a new position in XpresSpa Group Inc (NASDAQ:XSPA) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 301,383 shares of the company’s stock, valued at approximately $217,000. BlackRock Inc. owned about 1.13% of XpresSpa Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 7.57% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This report was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/12/06/xpresspa-group-xspa-shares-down-7-2.html.

About XpresSpa Group (NASDAQ:XSPA)

XpresSpa Group, Inc operates as a health and wellness services company in the United States and internationally. It operates through two segments, Wellness and Intellectual Property. The Wellness segment offers airport retailer spa services; massage services for the neck, back, feet, and whole body; nail care, such as pedicures, manicures, and polish changes; travel products, including neck pillows, blankets, and massage tools; and cryotherapy, compression, and personal care services, as well as retail products.

Further Reading: Find a Trading Strategy That Works

Receive News & Ratings for XpresSpa Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XpresSpa Group and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply