C3.ai Inc (NYSE: AI) on Friday, soared 6.94% from the previous trading day, before settling in for the closing price of $34.99. Within the past 52 weeks, AI’s price has moved between $18.85 and $38.30.
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During the last 5-year period, the sales growth of Technology Sector giant was 29.58%. The company achieved an average annual earnings per share of -14.73%. With a float of $109.88 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) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of C3.ai Inc is 13.50%, while institutional ownership is 46.11%. 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) Earnings and Forecasts
As on 7/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.13 earnings per share (EPS) for the period topping the consensus outlook (set at -0.18) by 0.05. 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
C3.ai Inc (AI) is currently performing well based on its current performance indicators. A quick ratio of 7.86 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.62.
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 12.54 million, which is a jump from its year-to-date volume of 5.5 million. As of the previous 9 days, the stock’s Stochastic %D was 92.03%. Additionally, its Average True Range was 1.92.
During the past 100 days, C3.ai Inc’s (AI) raw stochastic average was set at 99.79%, which indicates a significant increase from 99.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.80% in the past 14 days, which was higher than the 58.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.01, while its 200-day Moving Average is $26.46. However, in the short run, C3.ai Inc’s stock first resistance to watch stands at $38.65. Second resistance stands at $39.89. The third major resistance level sits at $42.31. If the price goes on to break the first support level at $34.99, it is likely to go to the next support level at $32.57. Should the price break the second support level, the third support level stands at $31.33.
C3.ai Inc (NYSE: AI) Key Stats
Market capitalization of the company is 5.08 billion based on 127,033K outstanding shares. Right now, sales total 310,580 K and income totals -279,700 K. The company made 87,210 K in profit during its latest quarter, and -62,830 K in sales during its previous quarter.
