Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, C3.ai Inc (NYSE: AI) closed at $22.33 up 3.52% from its previous closing price of $21.57. In other words, the price has increased by $3.52 from its previous closing price. On the day, 5.03 million shares were traded. AI stock price reached its highest trading level at $22.63 during the session, while it also had its lowest trading level at $21.62.
Ratios:
For a deeper understanding of C3.ai Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.48 and its Current Ratio is at 8.48. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On July 25, 2023, Northland Capital started tracking the stock assigning a Market Perform rating and target price of $40.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 26 ’23 when Parkkinen Juho sold 407 shares for $28.80 per share. The transaction valued at 11,722 led to the insider holds 295,815 shares of the business.
Parkkinen Juho sold 685 shares of AI for $22,030 on Dec 20 ’23. The SVP & Chief Financial Officer now owns 296,222 shares after completing the transaction at $32.16 per share. On Dec 18 ’23, another insider, ABBO EDWARD Y, who serves as the Chief Technology Officer of the company, sold 45,548 shares for $30.73 each. As a result, the insider received 1,399,690 and left with 727,373 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 2725354240 and an Enterprise Value of 1915506432. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.19 while its Price-to-Book (P/B) ratio in mrq is 3.03. Its current Enterprise Value per Revenue stands at 6.463 whereas that against EBITDA is -6.425.
Stock Price History:
Over the past 52 weeks, AI has reached a high of $48.87, while it has fallen to a 52-week low of $16.79. The 50-Day Moving Average of the stock is -19.02%, while the 200-Day Moving Average is calculated to be -23.06%.
Shares Statistics:
For the past three months, AI has traded an average of 7.37M shares per day and 5471780 over the past ten days. A total of 110.44M shares are outstanding, with a floating share count of 104.87M. Insiders hold about 14.07% of the company’s shares, while institutions hold 42.58% stake in the company. Shares short for AI as of 1711584000 were 31844059 with a Short Ratio of 4.32, compared to 1709164800 on 34329398. Therefore, it implies a Short% of Shares Outstanding of 31844059 and a Short% of Float of 33.35.
