Xpresspa Group Inc (XSPA)
$3.48 0.32 (8.42%)
17:40 EDT XSPA Stock Quote Delayed 30 Minutes
Previous Close $3.80
Market Cap 92.69M
PE Ratio -2.56
Volume (Avg. Vol.) 7.62M
Day's Range 3.26 - 3.74
52-Week Range 0.05 - 5.74
Dividend & Yield N/A (N/A)
XSPA Stock Predictions, Articles, and Xpresspa Group Inc News
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The airport screening angle makes XSPA stock interesting, but it's rarely a good sign when there's a reverse split.
XpresSpa's previous business model wasn't working. But as a Covid-19 testing center, XSPA stock is a much more interesting play.
By Thomas Niel
So, what's the play? Don't go long XSPA stock, as the company's coronavirus catalyst isn't as strong as it seems. But don't go short, given that speculation continues to trump fundamentals in today's market. Avoid it completely, and pursue more solid opportunities.
Unless airport passenger numbers show consistent growth and revenue levels improve, XSPA stock cannot create shareholder value.
XpresSpa has no experience in the field it's trying to enter, it's getting a late start, and it;s facing competitors that are giving away the service. The outlook of XSPA stock is negative.
XpresSpa is a lesson in how companies can turn lemon into lemonade. But once everything normalizes, the original business underlining XSPA stock will be worth a look.
XpresSpa's move to airport coronavirus testing is a smart strategy. However, it's far from certain that XSPA stock is a good investment.
XpresSpa pivoted its focus to airport Covid-19 screenings, and it's rallied far. Here's why investors should avoid XSPA stock for now.
XpresSpa Group (XSPA) is seeing massive gains to XSPA stock on Friday following news of a testing contract for the novel coronavirus.
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