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As of close of business last night, C3.ai Inc’s stock clocked out at $23.21, down -0.39% from its previous closing price of $23.30. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 2.22 million shares were traded. AI stock price reached its highest trading level at $23.56 during the session, while it also had its lowest trading level at $22.9.
Ratios:
To gain a deeper understanding of AI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.86 and its Current Ratio is at 7.86. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On November 21, 2023, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $40.
On July 25, 2023, Northland Capital started tracking the stock assigning a Market Perform rating and target price of $40.Northland Capital initiated its Market Perform rating on July 25, 2023, with a $40 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 27 ’24 when Lath Hitesh sold 3,005 shares for $27.56 per share. The transaction valued at 82,818 led to the insider holds 7,390 shares of the business.
Parkkinen Juho sold 407 shares of AI for $11,722 on Dec 26 ’23. The SVP & Chief Financial Officer now owns 295,815 shares after completing the transaction at $28.80 per share. On Dec 18 ’23, another insider, Parkkinen Juho, who serves as the SVP & Chief Financial Officer of the company, sold 5,513 shares for $30.56 each. As a result, the insider received 168,477 and left with 296,907 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, AI now has a Market Capitalization of 2948435712 and an Enterprise Value of 2191016960. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.06 while its Price-to-Book (P/B) ratio in mrq is 3.37. Its current Enterprise Value per Revenue stands at 6.733 whereas that against EBITDA is -7.175.
Stock Price History:
Over the past 52 weeks, AI has reached a high of $38.30, while it has fallen to a 52-week low of $18.85. The 50-Day Moving Average of the stock is -6.59%, while the 200-Day Moving Average is calculated to be -13.02%.
Shares Statistics:
It appears that AI traded 3.86M shares on average per day over the past three months and 3495400 shares per day over the past ten days. A total of 120.21M shares are outstanding, with a floating share count of 110.29M. Insiders hold about 13.18% of the company’s shares, while institutions hold 43.03% stake in the company. Shares short for AI as of 1724976000 were 28339113 with a Short Ratio of 7.34, compared to 1722384000 on 26068334. Therefore, it implies a Short% of Shares Outstanding of 28339113 and a Short% of Float of 28.689999999999998.
