On Monday, CXApp Inc (NASDAQ: CXAI) opened higher 8.28% from the last session, before settling in for the closing price of $1.69. Price fluctuations for CXAI have ranged from $1.03 to $7.07 over the past 52 weeks.
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A company in the Technology sector has dropped its sales by -4.34% annually for the last half of the decade. Company’s average yearly earnings per share was noted 71.30% at the time writing. With a float of $12.77 million, this company’s outstanding shares have now reached $16.07 million.
In an organization with 46 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 22.40%, 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) Latest Financial update
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 3.97.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.4 million. That was inferior than the volume of 3.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.49%. Additionally, its Average True Range was 0.22.
During the past 100 days, CXApp Inc’s (CXAI) raw stochastic average was set at 27.72%, which indicates a significant decrease from 37.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 155.13% in the past 14 days, which was higher than the 145.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5724, while its 200-day Moving Average is $2.3572. However, in the short run, CXApp Inc’s stock first resistance to watch stands at $1.9233. Second resistance stands at $2.0167. The third major resistance level sits at $2.1333. If the price goes on to break the first support level at $1.7133, it is likely to go to the next support level at $1.5967. The third support level lies at $1.5033 if the price breaches the second support level.
CXApp Inc (NASDAQ: CXAI) Key Stats
There are currently 16,460K shares outstanding in the company with a market cap of 28.60 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.
