On Tuesday, CXApp Inc (NASDAQ: CXAI) opened higher 21.07% from the last session, before settling in for the closing price of $0.41. Price fluctuations for CXAI have ranged from $0.36 to $2.54 over the past 52 weeks.
A company in the Technology sector has dropped its sales by -79.16% annually for the last half of the decade. Company’s average yearly earnings per share was noted 52.46% at the time writing. With a float of $20.15 million, this company’s outstanding shares have now reached $25.85 million.
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 29.62%, while institutional ownership is 11.60%.
CXApp Inc (CXAI) Latest Financial update
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.22 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.24) by 0.02.
According to the Wall Street analysts, stocks earnings will be around 52.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.28% 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 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.70 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 6.87 million. That was better than the volume of 1.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 49.55%.
During the past 100 days, CXApp Inc’s (CXAI) raw stochastic average was set at 17.68%, which indicates a significant decrease from 58.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0553 in the past 14 days, which was lower than the 0.0589 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6362, while its 200-day Moving Average is $0.8863. However, in the short run, CXApp Inc’s stock first resistance to watch stands at $0.5939. Second resistance stands at $0.6879. The third major resistance level sits at $0.7757. If the price goes on to break the first support level at $0.4121, it is likely to go to the next support level at $0.3243. The third support level lies at $0.2303 if the price breaches the second support level.
CXApp Inc (NASDAQ: CXAI) Key Stats
There are currently 28,629K shares outstanding in the company with a market cap of 14.31 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 1,110 K and its income totaled -3,160 K.
