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XSPA - XpresSpa Is A Strong Buy With Covid Testing Earnings Power
December, 12 2021 11:29 PM
XpresSpa Group Inc.
XpresSpa has pivoted its business from an airport spa business to an airport Covid testing business. XpresSpa has 99 cents a share in net balance sheet cash. It earned roughly 5 cents a share in the third quarter driven largely by Covid testing at airports. It is expanding this testing activity to additional airports and quarterly earnings should go up. A price of $4-5 per share is reasonable and would represent nearly a tripling of the current price. For further details see:
XpresSpa Is A Strong Buy With Covid Testing Earnings Power
Stock Information
Company Name:
XpresSpa Group Inc.
Stock Symbol:
XSPA
Market:
NASDAQ
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