In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
CXApp Inc (NASDAQ: CXAI) closed the day trading at $0.92 down -5.68% from the previous closing price of $0.98. In other words, the price has decreased by -$5.68 from its previous closing price. On the day, 0.52 million shares were traded. CXAI stock price reached its highest trading level at $0.9999 during the session, while it also had its lowest trading level at $0.9188.
Ratios:
For a better understanding of CXAI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.28.
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.
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 19193792 and an Enterprise Value of 19950790. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.93 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 3.047 whereas that against EBITDA is -1.798.
Stock Price History:
The Beta on a monthly basis for CXAI is 0.87, which has changed by -0.51111114 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, CXAI has reached a high of $3.76, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is -8.93%, while the 200-Day Moving Average is calculated to be -29.62%.
Shares Statistics:
Over the past 3-months, CXAI traded about 552.79K shares per day on average, while over the past 10 days, CXAI traded about 625890 shares per day. A total of 19.81M shares are outstanding, with a floating share count of 15.18M. Insiders hold about 26.93% of the company’s shares, while institutions hold 16.43% stake in the company. Shares short for CXAI as of 1752537600 were 717526 with a Short Ratio of 1.30, compared to 1749772800 on 1403402. Therefore, it implies a Short% of Shares Outstanding of 717526 and a Short% of Float of 3.8599998.
