Exide Technologies (NASDAQ:XIDE) opened down from its previous close of $0.96 by -$0.015 and now trading at $0.95. The stock of Exide hit its day’s low of $0.95 and its day’s high is of $0.98. The debt equity ratio which defines the company’s financial leverage, calculated by dividing debt by stockholders’ equity, the company’s debt equity ratio is sitting at 3.04 which indicates that the company is using a high proportion of debt to finance its assets, this would lead to a high interest for the company and would then hamper the profitability of the company. The company’s profitability as reflected from its profit margin is -4.69%, calculated by dividing net income by revenues. The company’s profit margin which is poor gives us a sign that Exide is unable to generate profit from its sales, which is a weak sign for any company. Analysts are targeting a price of about $2.00 for the company’s stock.