On Tuesday, CXApp Inc (NASDAQ: CXAI) was -4.27% drop from the session before settling in for the closing price of $1.64. A 52-week range for CXAI has been $1.03 – $7.07.
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During the last 5-year period, the sales drop of Technology Sector giant was -4.34%. When this article was written, the company’s average yearly earnings per share was at 71.30%. With a float of $12.68 million, this company’s outstanding shares have now reached $16.07 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward CXApp Inc stocks. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
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
You can see what CXApp Inc (CXAI) is doing with its current performance indicators. In the most recent 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 3.59.
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)
Looking closely at CXApp Inc (NASDAQ: CXAI), its last 5-days average volume was 0.63 million, which is a drop from its year-to-date volume of 3.85 million. As of the previous 9 days, the stock’s Stochastic %D was 78.53%. Additionally, its Average True Range was 0.14.
During the past 100 days, CXApp Inc’s (CXAI) raw stochastic average was set at 17.98%, which indicates a significant decrease from 66.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.44% in the past 14 days, which was lower than the 135.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5320, while its 200-day Moving Average is $2.3645. However, in the short run, CXApp Inc’s stock first resistance to watch stands at $1.6601. Second resistance stands at $1.7502. The third major resistance level sits at $1.8205. If the price goes on to break the first support level at $1.4997, it is likely to go to the next support level at $1.4294. Should the price break the second support level, the third support level stands at $1.3393.
CXApp Inc (NASDAQ: CXAI) Key Stats
There are 16,460K outstanding shares of the company, which has a market capitalization of 25.84 million. As of now, sales total 7,370 K while income totals -53,620 K. Its latest quarter income was 1,900 K while its last quarter net income were -5,000 K.
