C3.ai Inc. (AI) Moves -2.87% Lower: These Numbers are Too Good to be True
As on May 25, 2021, C3.ai Inc. (NYSE: AI) started slowly as it slid -2.87% to $57.88. During the day, the stock rose to $60.95 and sunk to $57.25 before settling in for the price of $59.59 at the close. Taking a more long-term approach, AI posted a 52-week range of $47.22-$183.90.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -108.10%. This publicly-traded company’s shares outstanding now amounts to $100.93 million, simultaneously with a float of $67.91 million. The organization now has a market capitalization sitting at $5.53 billion. At the time of writing, stock’s 50-day Moving Average stood at $63.93.
C3.ai Inc. (AI) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Information Technology Services industry. C3.ai Inc.’s current insider ownership accounts for 14.00%, in contrast to 48.40% institutional ownership. According to the most recent insider trade that took place on Apr 14, this organization’s Director sold 50,000 shares at the rate of 69.41, making the entire transaction reach 3,470,307 in total value, affecting insider ownership by 24,640. Preceding that transaction, on Mar 22, Company’s 10% Owner sold 600,000 for 76.06, making the whole transaction’s value amount to 45,638,412. This particular insider is now the holder of 13,595,656 in total.
C3.ai Inc. (AI) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 1/30/2021, the company posted -$0.13 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.16) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.
C3.ai Inc.’s EPS decrease for this current 12-month fiscal period is -108.10% and is forecasted to reach -1.04 in the upcoming year.
C3.ai Inc. (NYSE: AI) Trading Performance Indicators
Let’s observe the current performance indicators for C3.ai Inc. (AI). It’s Quick Ratio in the last reported quarter now stands at 11.20. The Stock has managed to achieve an average true range (ATR) of 4.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 32.03.
In the same vein, AI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.64, a figure that is expected to reach -0.27 in the next quarter, and analysts are predicting that it will be -1.04 at the market close of one year from today.
Technical Analysis of C3.ai Inc. (AI)
Through scrutinizing the latest numbers posted by the [C3.ai Inc., AI], it can be observed that its last 5-days Average volume of 1.68 million was lower the volume of 3.71 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 82.53% While, its Average True Range was 4.11.
Raw Stochastic average of C3.ai Inc. (AI) in the period of the previous 100 days is set at 8.22%, which indicates a major fall in contrast to 71.35% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 68.33% that was lower than 84.56% volatility it exhibited in the past 100-days period.