Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of CXApp Inc (NASDAQ: CXAI) was $1.79 for the day, down -5.29% from the previous closing price of $1.89. In other words, the price has decreased by -$5.29 from its previous closing price. On the day, 0.48 million shares were traded. CXAI stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.765.
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 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:
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 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 33367748 and an Enterprise Value of 31525626. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.63 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 4.379 whereas that against EBITDA is -2.768.
Stock Price History:
The Beta on a monthly basis for CXAI is 0.89, which has changed by 0.2971015 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. 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 4.64%, while the 200-Day Moving Average is calculated to be -21.08%.
Shares Statistics:
CXAI traded an average of 1.22M shares per day over the past three months and 1204630 shares per day over the past ten days. A total of 16.07M shares are outstanding, with a floating share count of 14.46M. Insiders hold about 22.40% of the company’s shares, while institutions hold 5.93% stake in the company. Shares short for CXAI as of 1735603200 were 1053342 with a Short Ratio of 0.86, compared to 1732838400 on 830073. Therefore, it implies a Short% of Shares Outstanding of 1053342 and a Short% of Float of 7.28.
