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 C3.ai Inc (NYSE: AI) was $36.78 for the day, up 6.09% from the previous closing price of $34.67. In other words, the price has increased by $6.09 from its previous closing price. On the day, 4.85 million shares were traded. AI stock price reached its highest trading level at $37.1752 during the session, while it also had its lowest trading level at $34.6.
Ratios:
Our analysis of AI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.52 and its Current Ratio is at 7.52. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 11, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral but kept the price unchanged to $28.
Northland Capital Upgraded its Market Perform to Outperform on May 30, 2024, while the target price for the stock was maintained at $35.
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 Jan 02 ’25 when Lath Hitesh sold 601 shares for $35.00 per share. The transaction valued at 21,035 led to the insider holds 250 shares of the business.
LEVIN RICHARD C sold 12,000 shares of AI for $417,557 on Jan 02 ’25. The Director now owns 161,664 shares after completing the transaction at $34.80 per share. On Dec 30 ’24, another insider, Witteveen Merel, who serves as the Senior VP, Operations of the company, sold 11,132 shares for $34.95 each. As a result, the insider received 389,109 and left with 4,142 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 4747010560 and an Enterprise Value of 4537311744. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.53 while its Price-to-Book (P/B) ratio in mrq is 5.53. 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 $45.08, while it has fallen to a 52-week low of $18.85. The 50-Day Moving Average of the stock is 11.09%, while the 200-Day Moving Average is calculated to be 33.82%.
Shares Statistics:
AI traded an average of 6.92M shares per day over the past three months and 6289390 shares per day over the past ten days. A total of 125.57M shares are outstanding, with a floating share count of 111.81M. Insiders hold about 13.37% of the company’s shares, while institutions hold 45.44% stake in the company. Shares short for AI as of 1731628800 were 22765199 with a Short Ratio of 3.14, compared to 1728950400 on 24556701. Therefore, it implies a Short% of Shares Outstanding of 22765199 and a Short% of Float of 23.040001.
