XpresSpa Group Inc (NASDAQ:XSPA) shares saw an uptick in trading volume on Tuesday . 2,436,200 shares changed hands during mid-day trading, an increase of 641% from the previous session’s volume of 328,916 shares.The stock last traded at $0.16 and had previously closed at $0.14.

Separately, Zacks Investment Research downgraded XpresSpa Group from a “hold” rating to a “sell” rating in a report on Thursday, June 21st.

The firm has a market cap of $3.93 million, a price-to-earnings ratio of -0.18 and a beta of -0.81. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.63 and a quick ratio of 0.52.

XpresSpa Group (NASDAQ:XSPA) last issued its earnings results on Tuesday, August 14th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.04). The business had revenue of $13.04 million during the quarter, compared to analyst estimates of $13.88 million. XpresSpa Group had a negative net margin of 84.97% and a negative return on equity of 38.12%. equities research analysts expect that XpresSpa Group Inc will post -0.49 earnings per share for the current year.

An institutional investor recently bought a new position in XpresSpa Group stock. BlackRock Inc. acquired a new position in XpresSpa Group Inc (NASDAQ:XSPA) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 301,383 shares of the company’s stock, valued at approximately $217,000. BlackRock Inc. owned about 1.13% of XpresSpa Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 12.15% of the company’s stock.

XpresSpa Group Company Profile (NASDAQ:XSPA)

XpresSpa Group, Inc operates as a health and wellness services company in the United States and internationally. It operates through two segments, Wellness and Intellectual Property. The Wellness segment offers airport retailer spa services; massage services for the neck, back, feet, and whole body; nail care, such as pedicures, manicures, and polish changes; travel products, including neck pillows, blankets, and massage tools; and cryotherapy, compression, and personal care services, as well as retail products.

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