C3.ai Inc (AI) plunge -7.37% in a week: will this be a lucky break through?

C3.ai Inc (NYSE: AI) started the day on Wednesday, with a price decrease of -2.25% at $23.00, before settling in for the price of $23.53 at the close. Taking a more long-term approach, AI posted a 52-week range of $20.23-$38.30.

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It was noted that the giant of the Technology sector posted annual sales growth of 29.58% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -46.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -15.38%. This publicly-traded company’s shares outstanding now amounts to $120.21 million, simultaneously with a float of $110.47 million. The organization now has a market capitalization sitting at $2.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $26.89, while the 200-day Moving Average is $27.23.

C3.ai Inc (AI) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. C3.ai Inc’s current insider ownership accounts for 12.91%, in contrast to 43.76% institutional ownership. According to the most recent insider trade that took place on Jun 27 ’24, this organization’s CHIEF FINANCIAL OFFICER sold 3,005 shares at the rate of 27.56, making the entire transaction reach 82,818 in total value, affecting insider ownership by 7,390. Preceding that transaction, on Dec 26 ’23, Company’s SVP & Chief Financial Officer sold 407 for 28.80, making the whole transaction’s value amount to 11,722. This particular insider is now the holder of 295,815 in total.

C3.ai Inc (AI) Earnings and Revenue Records

C3.ai Inc’s EPS decrease for this current 12-month fiscal period is -15.38% and is forecasted to reach -0.25 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 8.77. The Stock has managed to achieve an average true range (ATR) of 1.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.39.

In the same vein, AI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.34, a figure that is expected to reach -0.13 in the next quarter, and analysts are predicting that it will be -0.25 at the market close of one year from today.

Technical Analysis of C3.ai Inc (AI)

If we take a close look at the recent performances of C3.ai Inc (NYSE: AI), its last 5-days Average volume was 2.87 million that shows plunge from its year to date volume of 5.8 million. During the previous 9 days, stock’s Stochastic %D was recorded 11.39% While, its Average True Range was 0.92.

Raw Stochastic average of C3.ai Inc (AI) in the period of the previous 100 days is set at 21.51%, which indicates a major rise in contrast to 16.44% 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 30.70% that was lower than 50.97% volatility it exhibited in the past 100-days period.