CXApp Inc (CXAI) is gearing up for another turning point as it hit the volume of 0.72 million

CXApp Inc (NASDAQ: CXAI) kicked off on Monday, down -7.65% from the previous trading day, before settling in for the closing price of $1.83. Over the past 52 weeks, CXAI has traded in a range of $1.03-$7.07.

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During the last 5-year period, the sales drop of Technology Sector giant was -4.34%. While this was happening, its average annual earnings per share was recorded 71.30%. With a float of $14.46 million, this company’s outstanding shares have now reached $16.07 million.

Let’s determine the extent of company efficiency that accounts for 46 employees. 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

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 22.40%, while institutional ownership is 5.93%. 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

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 4.38.

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 1.53 million, which is a drop from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 17.33%. Additionally, its Average True Range was 0.24.

During the past 100 days, CXApp Inc’s (CXAI) raw stochastic average was set at 27.95%, which indicates a significant increase from 18.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 147.98% in the past 14 days, which was higher than the 105.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6782, while its 200-day Moving Average is $2.3092. However, in the short run, CXApp Inc’s stock first resistance to watch stands at $1.7933. Second resistance stands at $1.8967. The third major resistance level sits at $1.9733. If the price goes on to break the first support level at $1.6133, it is likely to go to the next support level at $1.5367. Should the price break the second support level, the third support level stands at $1.4333.

CXApp Inc (NASDAQ: CXAI) Key Stats

The company with the Market Capitalisation of 31.50 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.