Closing Bell Recap: CXApp Inc (CXAI) Ends at 1.69, Reflecting a -5.06 Downturn

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CXApp Inc (NASDAQ: CXAI) closed the day trading at $1.69 down -5.06% from the previous closing price of $1.78. In other words, the price has decreased by -$5.06 from its previous closing price. On the day, 0.84 million shares were traded. CXAI stock price reached its highest trading level at $1.81 during the session, while it also had its lowest trading level at $1.66.

Ratios:

For a better understanding of CXAI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.26.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 13 ’24 when EISNOR DI-ANN sold 15,000 shares for $3.38 per share. The transaction valued at 50,700 led to the insider holds 64,120 shares of the business.

Di-Ann Eisnor bought 15,000 shares of CXAI for $50,646 on Aug 13 ’24.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CXAI now has a Market Capitalization of 27817570 and an Enterprise Value of 29879612. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.67 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 4.15 whereas that against EBITDA is -2.624.

Stock Price History:

Over the past 52 weeks, CXAI has reached a high of $7.07, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 7.84%, while the 200-Day Moving Average is calculated to be -28.46%.

Shares Statistics:

Over the past 3-months, CXAI traded about 796.85K shares per day on average, while over the past 10 days, CXAI traded about 2997450 shares per day. A total of 16.07M shares are outstanding, with a floating share count of 12.77M. Insiders hold about 22.40% of the company’s shares, while institutions hold 6.71% stake in the company. Shares short for CXAI as of 1732838400 were 830073 with a Short Ratio of 1.04, compared to 1730332800 on 464574. Therefore, it implies a Short% of Shares Outstanding of 830073 and a Short% of Float of 6.760000400000001.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $15M in the next fiscal year. The high estimate is $15M and the low estimate is $15M.

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