Expion360 (NASDAQ:XPON) Upgraded at Wall Street Zen

Expion360 (NASDAQ:XPON) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.

Expion360 Stock Up 1.6%

XPON opened at $1.27 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.27 and a quick ratio of 0.39. Expion360 has a 12 month low of $0.60 and a 12 month high of $22.81. The stock has a market capitalization of $4.41 million, a P/E ratio of -0.01 and a beta of 0.19. The business has a 50 day simple moving average of $1.35 and a 200-day simple moving average of $1.06.

Expion360 (NASDAQ:XPON) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.41) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.58) by $0.17. Expion360 had a negative return on equity of 427.62% and a negative net margin of 137.70%.The firm had revenue of $2.99 million for the quarter, compared to the consensus estimate of $2.14 million. On average, equities analysts anticipate that Expion360 will post -21.69 earnings per share for the current fiscal year.

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.