A new trading day began on Friday, with C3.ai Inc (NYSE: AI) stock price up 1.12% from the previous day of trading, before settling in for the closing price of $25.00. AI’s price has ranged from $18.85 to $38.30 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 29.58%. Meanwhile, its annual earnings per share averaged -14.73%. With a float of $110.22 million, this company’s outstanding shares have now reached $120.21 million.
Let’s determine the extent of company efficiency that accounts for 891 employees. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of C3.ai Inc is 13.24%, while institutional ownership is 43.78%. 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) Recent Fiscal highlights
In its latest quarterly report, released on 7/31/2024, the company reported earnings of -0.13 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
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
Here are C3.ai Inc’s current performance indicators. According to the last quarter’s results, the 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 9.87.
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 -0.34 in one year’s time.
Technical Analysis of C3.ai Inc (AI)
Looking closely at C3.ai Inc (NYSE: AI), its last 5-days average volume was 2.03 million, which is a drop from its year-to-date volume of 5.5 million. As of the previous 9 days, the stock’s Stochastic %D was 17.62%. Additionally, its Average True Range was 1.00.
During the past 100 days, C3.ai Inc’s (AI) raw stochastic average was set at 45.09%, which indicates a significant increase from 33.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.80% in the past 14 days, which was higher than the 43.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.07, while its 200-day Moving Average is $26.19. However, in the short run, C3.ai Inc’s stock first resistance to watch stands at $25.81. Second resistance stands at $26.33. The third major resistance level sits at $26.62. If the price goes on to break the first support level at $25.00, it is likely to go to the next support level at $24.71. Now, if the price goes above the second support level, the third support stands at $24.19.
C3.ai Inc (NYSE: AI) Key Stats
With a market capitalization of 3.21 billion, the company has a total of 124,818K Shares Outstanding. Currently, annual sales are 310,580 K while annual income is -279,700 K. The company’s previous quarter sales were 87,210 K while its latest quarter income was -62,830 K.
