C3.ai Inc (AI) is 14.23% away from 50-day simple Moving Average despite all headwinds

C3.ai Inc (NYSE: AI) kicked off on Friday, up 3.85% from the previous trading day, before settling in for the closing price of $26.23. Over the past 52 weeks, AI has traded in a range of $18.85-$38.30.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 29.58%. While this was happening, its average annual earnings per share was recorded -14.73%. With a float of $110.31 million, this company’s outstanding shares have now reached $120.21 million.

The extent of productivity of a business whose workforce counts for 891 workers is very important to gauge. In terms of profitability, gross margin is 58.44%, operating margin of -97.36%, and the pretax margin is -85.19%.

C3.ai Inc (AI) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of C3.ai Inc is 13.16%, while institutional ownership is 43.80%. The most recent insider transaction that took place on Jun 27 ’24, was worth 82,818. In this transaction CHIEF FINANCIAL OFFICER of this company sold 3,005 shares at a rate of $27.56, taking the stock ownership to the 7,390 shares. Before that another transaction happened on Dec 26 ’23, when Company’s SVP & Chief Financial Officer sold 407 for $28.80, making the entire transaction worth $11,722. This insider now owns 295,815 shares in total.

C3.ai Inc (AI) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -14.73% per share during the next fiscal year.

C3.ai Inc (NYSE: AI) Trading Performance Indicators

Take a look at C3.ai Inc’s (AI) current performance indicators. Last quarter, stock had a quick ratio of 7.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.29, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.33 in one year’s time.

Technical Analysis of C3.ai Inc (AI)

The latest stats from [C3.ai Inc, AI] show that its last 5-days average volume of 3.98 million was inferior to 5.65 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 95.84%. Additionally, its Average True Range was 1.05.

During the past 100 days, C3.ai Inc’s (AI) raw stochastic average was set at 58.84%, which indicates a significant decrease from 95.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.77% in the past 14 days, which was lower than the 51.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $23.85, while its 200-day Moving Average is $26.34. Now, the first resistance to watch is $27.78. This is followed by the second major resistance level at $28.32. The third major resistance level sits at $29.17. If the price goes on to break the first support level at $26.40, it is likely to go to the next support level at $25.55. The third support level lies at $25.01 if the price breaches the second support level.

C3.ai Inc (NYSE: AI) Key Stats

The company with the Market Capitalisation of 3.46 billion has total of 124,818K Shares Outstanding. Its annual sales at the moment are 310,580 K in contrast with the sum of -279,700 K annual income. Company’s last quarter sales were recorded 87,210 K and last quarter income was -62,830 K.