On Monday, CXApp Inc (NASDAQ: CXAI) opened lower -9.49% from the last session, before settling in for the closing price of $1.05. Price fluctuations for CXAI have ranged from $0.76 to $3.76 over the past 52 weeks.
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Annual sales at Technology sector company slipped by -79.16% over the past five years. Company’s average yearly earnings per share was noted 36.89% at the time writing. With a float of $15.18 million, this company’s outstanding shares have now reached $19.81 million.
Let’s look at the performance matrix of the company that is accounted for 41 employees. In terms of profitability, gross margin is 72.44%, operating margin of -192.4%, and the pretax margin is -280.64%.
CXApp Inc (CXAI) Insider Updates
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 26.93%, while institutional ownership is 16.37%. 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 36.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.22% during the next five years compared to -79.16% drop over the previous five years of trading.
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 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.98, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.79 in one year’s time.
Technical Analysis of CXApp Inc (CXAI)
CXApp Inc (NASDAQ: CXAI) saw its 5-day average volume 0.58 million, a negative change from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 59.93%.
During the past 100 days, CXApp Inc’s (CXAI) raw stochastic average was set at 20.24%, which indicates a significant decrease from 32.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.56% in the past 14 days, which was lower than the 132.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0557, while its 200-day Moving Average is $1.3689. Nevertheless, the first resistance level for the watch stands at $1.0102 in the near term. At $1.0701, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1001. If the price goes on to break the first support level at $0.9203, it is likely to go to the next support level at $0.8903. Assuming the price breaks the second support level, the third support level stands at $0.8304.
CXApp Inc (NASDAQ: CXAI) Key Stats
There are currently 19,806K shares outstanding in the company with a market cap of 19.75 million. Presently, the company’s annual sales total 7,140 K according to its annual income of -19,410 K. Last quarter, the company’s sales amounted to 1,220 K and its income totaled -1,620 K.
