After finishing at $1.27 in the prior trading day, CXApp Inc (NASDAQ: CXAI) closed at $1.55, up 21.57%. In other words, the price has increased by $+0.2750 from its previous closing price. On the day, 1331543 shares were traded. CXAI stock price reached its highest trading level at $1.6300 during the session, while it also had its lowest trading level at $1.2700.
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Ratios:
Our goal is to gain a better understanding of CXAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 Sep 08 when Sheikh Khurram P sold 38,190 shares for $3.39 per share. The transaction valued at 129,311 led to the insider holds 2,421,648 shares of the business.
EISNOR DI-ANN sold 3,000 shares of CXAI for $9,831 on Sep 08. The Director now owns 79,120 shares after completing the transaction at $3.28 per share. On Sep 07, another insider, Sheikh Khurram P, who serves as the Director of the company, sold 11,810 shares for $3.51 each. As a result, the insider received 41,487 and left with 2,459,838 shares of the company.
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 26.45M and an Enterprise Value of 19.86M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at -8.12 whereas that against EBITDA is 3.80.
Stock Price History:
Over the past 52 weeks, CXAI has reached a high of $21.00, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 1.2702, while the 200-Day Moving Average is calculated to be 4.1973.
Shares Statistics:
The stock has traded on average 484.44K shares per day over the past 3-months and 763.96k shares per day over the last 10 days, according to various share statistics. A total of 15.25M shares are outstanding, with a floating share count of 13.29M. Insiders hold about 12.90% of the company’s shares, while institutions hold 4.98% stake in the company. Shares short for CXAI as of Jan 31, 2024 were 311.69k with a Short Ratio of 0.64, compared to 141.74k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.04% and a Short% of Float of 4.42%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.25 and low estimates of -$0.25.
Analysts are recommending an EPS of between -$1.16 and -$1.16 for the fiscal current year, implying an average EPS of -$1.16. EPS for the following year is $0.9, with 1 analysts recommending between $0.9 and $0.9.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $11.5M in the next fiscal year. The high estimate is $11.5M and the low estimate is $11.5M. The average revenue growth estimate for next year is up 98.30% from the average revenue estimate for this year.
