Trading Day Review: CXApp Inc (CXAI) Gains Momentum, Closing at 1.41

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The price of CXApp Inc (NASDAQ: CXAI) closed at $1.41 in the last session, up 4.44% from day before closing price of $1.35. In other words, the price has increased by $4.44 from its previous closing price. On the day, 0.58 million shares were traded. CXAI stock price reached its highest trading level at $1.47 during the session, while it also had its lowest trading level at $1.32.

Ratios:

We take a closer look at CXAI’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 23208740 and an Enterprise Value of 25270778. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.37 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 3.51 whereas that against EBITDA is -2.219.

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 -9.51%, while the 200-Day Moving Average is calculated to be -40.23%.

Shares Statistics:

According to the various share statistics, CXAI traded on average about 403.88K shares per day over the past 3-months and 729050 shares per day over the past 10 days. A total of 15.25M shares are outstanding, with a floating share count of 12.68M. Insiders hold about 22.95% of the company’s shares, while institutions hold 6.71% stake in the company. Shares short for CXAI as of 1730332800 were 464574 with a Short Ratio of 1.15, compared to 1727654400 on 408329. Therefore, it implies a Short% of Shares Outstanding of 464574 and a Short% of Float of 3.9100002000000003.

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