On Friday, C3.ai Inc (NYSE: AI) was 1.62% up from the session before settling in for the closing price of $24.63. A 52-week range for AI has been $18.85 – $38.30.
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A company in the Technology sector has jumped its sales by 29.58% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -14.73%. With a float of $110.22 million, this company’s outstanding shares have now reached $120.21 million.
In an organization with 891 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward C3.ai Inc stocks. The insider ownership of C3.ai Inc is 13.24%, while institutional ownership is 43.73%. 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
You can see what C3.ai Inc (AI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 7.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.93.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.46 million. That was inferior than the volume of 5.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.87%. Additionally, its Average True Range was 1.07.
During the past 100 days, C3.ai Inc’s (AI) raw stochastic average was set at 43.34%, which indicates a significant increase from 21.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.01% in the past 14 days, which was lower than the 43.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.14, while its 200-day Moving Average is $26.20. However, in the short run, C3.ai Inc’s stock first resistance to watch stands at $25.67. Second resistance stands at $26.31. The third major resistance level sits at $26.69. If the price goes on to break the first support level at $24.65, it is likely to go to the next support level at $24.27. The third support level lies at $23.63 if the price breaches the second support level.
C3.ai Inc (NYSE: AI) Key Stats
There are 127,033K outstanding shares of the company, which has a market capitalization of 3.23 billion. As of now, sales total 310,580 K while income totals -279,700 K. Its latest quarter income was 87,210 K while its last quarter net income were -62,830 K.
