XWELL (NASDAQ:XWEL) Shares Down 2.6% – Here’s Why

Shares of XWELL, Inc. (NASDAQ:XWELGet Free Report) dropped 2.6% during mid-day trading on Monday . The stock traded as low as $1.65 and last traded at $1.65. Approximately 23,630 shares changed hands during trading, an increase of 18% from the average daily volume of 19,945 shares. The stock had previously closed at $1.69.

XWELL Trading Down 2.6 %

The stock has a 50-day moving average price of $1.75 and a 200 day moving average price of $1.82. The stock has a market capitalization of $8.65 million, a price-to-earnings ratio of -0.33 and a beta of 2.46.

XWELL (NASDAQ:XWELGet Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.48) EPS for the quarter. The business had revenue of $9.28 million during the quarter. XWELL had a negative net margin of 63.90% and a negative return on equity of 67.56%.

About XWELL

(Get Free Report)

XWELL, Inc provides health and wellness services in airport and off airport marketplaces in the United States and internationally. It operates in four segments: XpresSpa, XpresTest, Naples Wax Center, and Treat. The XpresSpa segment traveler's spa services, including massage, nail, and skin care services, as well as spa and travel products.

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