Integrated Wealth Concepts LLC Makes New Investment in XWELL, Inc. (NASDAQ:XWEL)

Integrated Wealth Concepts LLC purchased a new position in XWELL, Inc. (NASDAQ:XWELFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 207,000 shares of the company’s stock, valued at approximately $75,000. Integrated Wealth Concepts LLC owned about 0.25% of XWELL at the end of the most recent reporting period.

XWELL Stock Down 4.9 %

NASDAQ XWEL opened at $0.24 on Tuesday. XWELL, Inc. has a 52-week low of $0.20 and a 52-week high of $1.20. The company has a fifty day moving average of $0.25 and a 200-day moving average of $0.32.

XWELL (NASDAQ:XWELGet Free Report) last issued its quarterly earnings results on Monday, May 15th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.06. XWELL had a negative return on equity of 58.73% and a negative net margin of 87.44%. The firm had revenue of $7.06 million during the quarter, compared to analyst estimates of $7.38 million. On average, analysts anticipate that XWELL, Inc. will post -0.2 earnings per share for the current year.

About XWELL

(Free Report)

XWELL, Inc, a health and wellness services company, provides spa services at airports. It operates through XpresSpa, XpresTest, Treat, and HyperPointe segments. The company offers spa services, including massage, and nail and skin care, as well as spa and travel products; and retail products. It also provides diagnostic COVID-19 tests at XpresCheck wellness centers in airports; and other medical diagnostic testing services.

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