Expion360 (NASDAQ:XPON) Releases Quarterly Earnings Results

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

Expion360 Price Performance

XPON opened at $0.59 on Friday. Expion360 has a one year low of $0.49 and a one year high of $5.50. The company has a debt-to-equity ratio of 0.03, a current ratio of 7.07 and a quick ratio of 4.20. The company’s 50 day simple moving average is $0.67 and its 200-day simple moving average is $0.85. The stock has a market capitalization of $6.75 million, a P/E ratio of -0.43 and a beta of 0.54.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Expion360 in a report on Monday, April 20th. Wall Street Zen lowered shares of Expion360 from a “hold” rating to a “strong sell” rating in a report on Saturday, March 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Expion360 has a consensus rating of “Sell”.

Institutional Trading of Expion360

An institutional investor recently raised its position in Expion360 stock. Geode Capital Management LLC increased its stake in shares of Expion360 Inc. (NASDAQ:XPON) by 207.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,639 shares of the company’s stock after purchasing an additional 46,339 shares during the quarter. Geode Capital Management LLC owned about 0.71% of Expion360 worth $47,000 at the end of the most recent quarter. Institutional investors own 34.50% of the company’s stock.

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.