Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
CXApp Inc (NASDAQ: CXAI) closed the day trading at $1.10 up 5.77% from the previous closing price of $1.04. In other words, the price has increased by $5.77 from its previous closing price. On the day, 0.8 million shares were traded. CXAI stock price reached its highest trading level at $1.12 during the session, while it also had its lowest trading level at $0.98.
Ratios:
For a better understanding of CXAI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.30.
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.
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 20593320 and an Enterprise Value of 22494362. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.05 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 3.15 whereas that against EBITDA is -2.058.
Stock Price History:
The Beta on a monthly basis for CXAI is 0.98, which has changed by -0.7399527 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, CXAI has reached a high of $5.43, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is -6.63%, while the 200-Day Moving Average is calculated to be -34.45%.
Shares Statistics:
Over the past 3-months, CXAI traded about 2.43M shares per day on average, while over the past 10 days, CXAI traded about 12040350 shares per day. A total of 19.22M shares are outstanding, with a floating share count of 16.01M. Insiders hold about 19.18% of the company’s shares, while institutions hold 10.86% stake in the company. Shares short for CXAI as of 1743379200 were 1077309 with a Short Ratio of 0.44, compared to 1740700800 on 1003226. Therefore, it implies a Short% of Shares Outstanding of 1077309 and a Short% of Float of 7.4099995000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
