In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, CXApp Inc (NASDAQ: CXAI) closed at $1.71 down -6.56% from its previous closing price of $1.83. In other words, the price has decreased by -$6.56 from its previous closing price. On the day, 1.9 million shares were traded. CXAI stock price reached its highest trading level at $1.86 during the session, while it also had its lowest trading level at $1.65.
Ratios:
For a deeper understanding of CXApp Inc’s stock, let’s take a closer look at its various ratios. 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:
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 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 31876452 and an Enterprise Value of 30208816. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.43 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 4.196 whereas that against EBITDA is -2.653.
Stock Price History:
The Beta on a monthly basis for CXAI is 0.86, which has changed by 0.40163934 over the last 52 weeks, in comparison to a change of 0.23809385 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 $1.08. The 50-Day Moving Average of the stock is -1.35%, while the 200-Day Moving Average is calculated to be -22.40%.
Shares Statistics:
For the past three months, CXAI has traded an average of 1.33M shares per day and 1245280 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 0.79, compared to 1732838400 on 830073. Therefore, it implies a Short% of Shares Outstanding of 1053342 and a Short% of Float of 7.28.
