Wall Street Zen Downgrades Expion360 (NASDAQ:XPON) to Strong Sell

Expion360 (NASDAQ:XPON) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “strong sell” rating in a report released on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Expion360 in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Expion360 has a consensus rating of “Sell”.

Expion360 Price Performance

NASDAQ:XPON opened at $0.57 on Friday. The company has a quick ratio of 5.69, a current ratio of 7.07 and a debt-to-equity ratio of 0.03. The firm has a market cap of $6.18 million, a PE ratio of -0.41 and a beta of 0.28. Expion360 has a 12 month low of $0.56 and a 12 month high of $5.50. The company’s 50-day moving average price is $0.77 and its two-hundred day moving average price is $1.06.

Expion360 (NASDAQ:XPON) last posted its quarterly earnings data on Tuesday, March 17th. The company reported ($0.70) earnings per share for the quarter. Expion360 had a negative return on equity of 119.83% and a negative net margin of 64.61%.The firm had revenue of $2.22 million for the quarter. On average, equities analysts anticipate that Expion360 will post -21.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Expion360 stock. Apollon Wealth Management LLC bought a new stake in Expion360 Inc. (NASDAQ:XPON) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 43,228 shares of the company’s stock, valued at approximately $62,000. Apollon Wealth Management LLC owned 1.25% of Expion360 at the end of the most recent quarter. Institutional investors own 34.50% of the company’s stock.

Expion360 Company Profile

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.