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.
As of close of business last night, CXApp Inc’s stock clocked out at $2.06, down -9.05% from its previous closing price of $2.27. In other words, the price has decreased by -$9.05 from its previous closing price. On the day, 1.41 million shares were traded. CXAI stock price reached its highest trading level at $2.3489 during the session, while it also had its lowest trading level at $2.02.
Ratios:
To gain a deeper understanding of CXAI’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 38400872 and an Enterprise Value of 35969860. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.33 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 4.996 whereas that against EBITDA is -3.159.
Stock Price History:
Over the past 52 weeks, CXAI has reached a high of $7.07, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 24.27%, while the 200-Day Moving Average is calculated to be -11.09%.
Shares Statistics:
It appears that CXAI traded 1.15M shares on average per day over the past three months and 1843650 shares per day over the past ten days. A total of 16.07M shares are outstanding, with a floating share count of 12.77M. Insiders hold about 22.40% of the company’s shares, while institutions hold 6.71% stake in the company. Shares short for CXAI as of 1734048000 were 1130130 with a Short Ratio of 0.98, compared to 1731628800 on 1104875. Therefore, it implies a Short% of Shares Outstanding of 1130130 and a Short% of Float of 9.2.
