CXApp Inc (CXAI) volume exceeds 8.33 million: A new investment opportunity for investors

CXApp Inc (NASDAQ: CXAI) kicked off on Friday, up 31.37% from the previous trading day, before settling in for the closing price of $1.53. Over the past 52 weeks, CXAI has traded in a range of $1.03-$7.07.

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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -4.34%. While this was happening, its average annual earnings per share was recorded 71.30%. With a float of $12.68 million, this company’s outstanding shares have now reached $16.07 million.

The extent of productivity of a business whose workforce counts for 46 workers is very important to gauge. 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 Updates

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. 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) Performance Highlights and Predictions

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

Take a look at CXApp Inc’s (CXAI) current performance indicators. Last quarter, stock had a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.04.

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)

The latest stats from [CXApp Inc, CXAI] show that its last 5-days average volume of 2.34 million was inferior to 3.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 65.12%. Additionally, its Average True Range was 0.18.

During the past 100 days, CXApp Inc’s (CXAI) raw stochastic average was set at 34.46%, which indicates a significant decrease from 90.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 121.50% in the past 14 days, which was lower than the 141.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.54, while its 200-day Moving Average is $2.37. Now, the first resistance to watch is $2.21. This is followed by the second major resistance level at $2.42. The third major resistance level sits at $2.74. If the price goes on to break the first support level at $1.68, it is likely to go to the next support level at $1.36. Assuming the price breaks the second support level, the third support level stands at $1.15.

CXApp Inc (NASDAQ: CXAI) Key Stats

The company with the Market Capitalisation of 43.46 million has total of 16,460K Shares Outstanding. Its annual sales at the moment are 7,370 K in contrast with the sum of -53,620 K annual income. Company’s last quarter sales were recorded 1,900 K and last quarter income was -5,000 K.