The closing price of CXApp Inc (NASDAQ: CXAI) was $2.45 for the day, up 2.94% from the previous closing price of $2.38. In other words, the price has increased by $+0.0700 from its previous closing price. On the day, 879779 shares were traded.
Ratios:
Our analysis of CXAI’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 08 ’23 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 ’23. The Director now owns 79,120 shares after completing the transaction at $3.28 per share. On Sep 07 ’23, 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 50.82M and an Enterprise Value of 44.23M. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.61 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -18.08 whereas that against EBITDA is 8.47.
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 1.8695, while the 200-Day Moving Average is calculated to be 3.0431.
Shares Statistics:
CXAI traded an average of 3.58M shares per day over the past three months and 1.2M shares per day over the past ten days. 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 Mar 15, 2024 were 1.53M with a Short Ratio of 0.43, compared to 355.26k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.01% and a Short% of Float of 21.65%.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. 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 -$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.
