Expion360 (NASDAQ:XPON) Releases Earnings Results

Expion360 (NASDAQ:XPON) posted its earnings results on Friday. The company reported ($0.17) earnings per share for the quarter, FiscalAI reports. Expion360 had a negative net margin of 64.61% and a negative return on equity of 119.83%. The company had revenue of $1.57 million during the quarter.

Expion360 Stock Performance

Shares of XPON traded down $0.01 on Friday, reaching $0.59. 147,244 shares of the company’s stock traded hands, compared to its average volume of 848,195. The company has a current ratio of 7.07, a quick ratio of 4.20 and a debt-to-equity ratio of 0.03. The stock has a market cap of $6.75 million, a PE ratio of -0.43 and a beta of 0.54. The stock’s 50 day simple moving average is $0.67 and its two-hundred day simple moving average is $0.86. Expion360 has a 52-week low of $0.49 and a 52-week high of $5.50.

Institutional Trading of Expion360

A hedge fund recently raised its stake in Expion360 stock. Geode Capital Management LLC lifted its holdings in shares of Expion360 Inc. (NASDAQ:XPON) by 207.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,639 shares of the company’s stock after acquiring an additional 46,339 shares during the quarter. Geode Capital Management LLC owned 0.71% of Expion360 worth $47,000 at the end of the most recent quarter. 34.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

XPON has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Expion360 in a report on Monday, April 20th. Wall Street Zen lowered Expion360 from a “hold” rating to a “strong sell” rating in a report on Saturday, March 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Expion360 presently has an average rating of “Sell”.

About Expion360

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.