Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of C3.ai Inc (NYSE: AI) closed at $41.68 in the last session, up 2.86% from day before closing price of $40.52. In other words, the price has increased by $2.86 from its previous closing price. On the day, 24.24 million shares were traded. AI stock price reached its highest trading level at $42.94 during the session, while it also had its lowest trading level at $40.1.
Ratios:
We take a closer look at AI’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 09 ’24 when Lath Hitesh bought 11,339 shares for $42.00 per share.
WARD JR STEPHEN M bought 125,000 shares of AI for $5,250,550 on Dec 09 ’24. On Dec 09 ’24, another insider, LEVIN RICHARD C, who serves as the Director of the company, bought 72,000 shares for $42.00 each.
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 5294735360 and an Enterprise Value of 4537311744. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.58 while its Price-to-Book (P/B) ratio in mrq is 6.05. Its current Enterprise Value per Revenue stands at 13.942 whereas that against EBITDA is -14.859.
Stock Price History:
Over the past 52 weeks, AI has reached a high of $40.65, while it has fallen to a 52-week low of $18.85. The 50-Day Moving Average of the stock is 44.49%, while the 200-Day Moving Average is calculated to be 54.75%.
Shares Statistics:
According to the various share statistics, AI traded on average about 4.43M shares per day over the past 3-months and 7297740 shares per day over the past 10 days. A total of 123.53M shares are outstanding, with a floating share count of 109.86M. Insiders hold about 13.52% of the company’s shares, while institutions hold 46.11% stake in the company. Shares short for AI as of 1731628800 were 22765199 with a Short Ratio of 5.13, compared to 1728950400 on 24556701. Therefore, it implies a Short% of Shares Outstanding of 22765199 and a Short% of Float of 23.040001.
