On Friday, CXApp Inc (NASDAQ: CXAI) opened higher 4.44% from the last session, before settling in for the closing price of $1.35. Price fluctuations for CXAI have ranged from $1.03 to $7.07 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -4.34%. Company’s average yearly earnings per share was noted 71.30% at the time writing. With a float of $12.68 million, this company’s outstanding shares have now reached $15.25 million.
In terms of profitability, gross margin is 62.08%, operating margin of -193.99%, and the pretax margin is -767.56%.
CXApp Inc (CXAI) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of CXApp Inc is 22.95%, while institutional ownership is 6.71%. The most recent insider transaction that took place on Aug 13 ’24, was worth 50,700. In this transaction Director of this company sold 15,000 shares at a rate of $3.38, taking the stock ownership to the 64,120 shares. Before that another transaction happened on Aug 13 ’24, when Company’s Director proposed sale 15,000 for $3.38, making the entire transaction worth $50,646.
CXApp Inc (CXAI) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 71.30% per share during the next fiscal year.
CXApp Inc (NASDAQ: CXAI) Trading Performance Indicators
Check out the current performance indicators for CXApp Inc (CXAI). In the past quarter, the stock posted a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.54, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.58 in one year’s time.
Technical Analysis of CXApp Inc (CXAI)
Compared to the last year’s volume of 3.93 million, its volume of 0.52 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.60%. Additionally, its Average True Range was 0.14.
During the past 100 days, CXApp Inc’s (CXAI) raw stochastic average was set at 11.99%, which indicates a significant decrease from 21.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.19% in the past 14 days, which was lower than the 135.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5582, while its 200-day Moving Average is $2.3592. Nevertheless, the first resistance level for the watch stands at $1.5000 in the near term. At $1.5900, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.6800. If the price goes on to break the first support level at $1.3200, it is likely to go to the next support level at $1.2300. Should the price break the second support level, the third support level stands at $1.1400.
CXApp Inc (NASDAQ: CXAI) Key Stats
There are currently 16,460K shares outstanding in the company with a market cap of 24.24 million. Presently, the company’s annual sales total 7,370 K according to its annual income of -53,620 K. Last quarter, the company’s sales amounted to 1,900 K and its income totaled -5,000 K.
