XpresSpa Group (XSPA) Stock Rating Lowered by ValuEngine

XpresSpa Group (NASDAQ:XSPA) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Wednesday, May 1st, ValuEngine reports.

NASDAQ:XSPA traded down $0.14 during trading hours on Wednesday, reaching $2.50. 25,600 shares of the company were exchanged, compared to its average volume of 70,993. XpresSpa Group has a 1-year low of $2.10 and a 1-year high of $10.60.

XpresSpa Group (NASDAQ:XSPA) last issued its earnings results on Wednesday, May 15th. The company reported ($1.61) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($1.51). The business had revenue of $12.23 million during the quarter. XpresSpa Group had a negative net margin of 32.47% and a negative return on equity of 99.49%.

XpresSpa Group Company Profile

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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