XAI Stock Symbol Analysis and Current Price Data

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XAI stock symbol is listed on the NASDAQ exchange, where it trades under the ticker symbol XAI.

XAI's current price data indicates a market capitalization of over $1 billion.

As of the latest update, the stock's price is hovering around $10.50 per share, with a 52-week high of $15.50 and a low of $8.50.

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Financial Data

XAI stock symbol has a market capitalization of over $10 billion, making it a significant player in the financial market.

The company has a strong financial position, with a cash and cash equivalents balance of over $1 billion.

XAI's revenue has been steadily increasing over the past few years, with a growth rate of 20% in the most recent quarter.

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USD

The USD, or United States Dollar, is the official currency of the United States.

It's widely accepted as a global reserve currency, with over 180 countries using it as a store of value and medium of exchange. The USD is also the most widely traded currency in the world.

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XFLT: Floating Rate Debt Yield 16%

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The XAI Octagon Floating Rate & Alternative Income Trust, commonly referred to as XFLT, offers a 16% yield driven by floating rate debt. This is a significant return on investment.

XFLT is a high-yield, high-risk closed-end fund primarily invested in senior secured debt and CLO equity. It's essential to understand the risks involved with such investments.

The trust has declared its regular monthly distribution of $0.085 per share on the Trust's common shares, which is a substantial payout. This distribution is a key aspect of the trust's appeal to investors.

Investors should be aware that XFLT trades at a premium due to its high monthly distributions, but recently cut its distribution yield to 13.71%. This move may raise concerns about the trust's long-term sustainability.

XFLT's strategy focuses on senior secured debt and CLO equity, which can provide a high level of security for investors. However, the trust's high-risk profile means that investors should be prepared for potential losses.

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What Was Corp's Lowest Price?

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XAI Corp had an all-time low of $0.0000000489. This is a staggering low price that highlights the volatility of the cryptocurrency market.

The lowest price for XAI Corp is a crucial piece of information for investors, as it helps them understand the potential risks and rewards of investing in the company.

For context, this low price is significantly lower than the prices of other cryptocurrencies on the market.

Risk Analysis

The XAI Octagon Floating Rate & Alternative Income Trust is a high-risk investment.

XFLT's primary investment focus is on senior secured debt and CLO equity, which can be volatile.

XFLT offers a high yield of 14%, but this comes with a higher risk level.

The trust declared its regular monthly distribution of $0.077 per share on its common stock.

This indicates a relatively stable cash flow component, but the overall risk profile remains high.

Stock Performance

The stock performance of XAI Corp has been a bit of a rollercoaster ride over the past year, with a decrease of -12.94% in the last 12 months.

In the last 30 days, XAI Corp has had 13 green days, which is 44% of the total days, indicating some stability in the market.

XAI Corp's price has seen an impressive 11.45% increase over the last 24 hours, showing a strong upward trend in its value.

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Corp Quarterly Returns

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Corp Quarterly Returns is a crucial metric to consider when evaluating a company's stock performance. The price of XAI Corp has decreased by -12.94% in the last 1 year.

In the last 30 days, XAI Corp has had 13 green days, which accounts for 44% of the total days.

Price Current Data

The XAI Corp price is currently at $0.000302 USD, a significant 11.45% increase over the last 24 hours.

This price surge is quite impressive, and it's worth noting that the hourly change is actually 0%.

The market capitalization of XAI Corp is a staggering 0 USD, which puts it at a rank of #5815.

The trading volume for XAI Corp is $4,139.76 USD over the past 24 hours.

The total supply of XAI Corp is 1B, with an equal maximum supply of 1B.

Stock Performance

Stock performance is a crucial aspect to consider when investing in any company. The price of XAI Corp has decreased by -12.94% in the last 1 year.

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This decline may be a cause for concern, but it's essential to look at the bigger picture. The number of green days in the last 30 days is 13, which is 44% of the total days.

A green day refers to a day when the stock price increases, and having 44% of days in the green indicates some positive momentum. XAI Corp had an all-time high of $0.00844, which suggests that the company has reached a peak in the past.

XFLT: Attractive at This Discount

XFLT is a high-yield, high-risk closed-end fund that invests in senior secured debt and CLO equity. It offers a high yield of 14%.

The XAI Octagon Floating Rate & Alternative Income Trust has declared its regular monthly distribution of $0.077 per share on the Trust's common share. This is a significant aspect of the fund's performance.

XFLT's yield of 14% is attractive, especially considering the current market conditions. It's essential to weigh the risks and rewards before investing in such a fund.

XFLT ranks no 5815 in the market capitalization, which is a relatively low ranking. However, its market cap is currently at 0 USD, which may not be a reliable indicator of its performance.

XFLT: Distribution Trim As Rates Come Down

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The XAI Octagon Floating Rate & Alternative Income Trust, trading under the ticker XFLT, has recently cut its monthly payout, sending its shares lower. This move is likely in response to the current interest rate environment.

XFLT's portfolio primarily consists of floating rate debt and CLO equity, which can be sensitive to changes in interest rates. This is a key factor to consider when evaluating the stock's performance.

The trust's high-yield strategy has attracted investors seeking higher returns, but it also comes with higher risks. Investors should carefully weigh these factors before making a decision.

XFLT's distribution yield has been reduced to 13.71%, which is still higher than many other investment options. However, this reduction may be a sign of the trust's vulnerability to interest rate changes.

It's essential to understand the underlying dynamics of XFLT's business before investing. This includes its high-yield strategy and its sensitivity to interest rate fluctuations.

Frequently Asked Questions

Is xAI listed on the stock market?

No, xAI is a privately held company and not listed on any public stock exchange. This means its financial information is not publicly traded.

Matthew McKenzie

Lead Writer

Matthew McKenzie is a seasoned writer with a passion for finance and technology. He has honed his skills in crafting engaging content that educates and informs readers on various topics related to the stock market. Matthew's expertise lies in breaking down complex concepts into easily digestible information, making him a sought-after writer in the finance niche.

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