CXApp Inc (NASDAQ: CXAI) is -6.04% lower on its value in year-to-date trading and has touched a low of $1.08 and a high of $7.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CXAI stock was last observed hovering at around $1.83 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $1.71, the stock is -9.86% and -1.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing -6.56% at the moment leaves the stock -22.40% off its SMA200. CXAI registered 29.55% gain for a year compared to 6-month loss of -19.72%. The firm has a 50-day simple moving average (SMA 50) of $1.7334 and a 200-day simple moving average (SMA200) of $2.203525.
The stock witnessed a 7.55% gain in the last 1 month and extending the period to 3 months gives it a 9.62%, and is -9.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.42% over the week and 12.17% over the month.
CXApp Inc (CXAI) has around 46 employees, a market worth around $31.88M and $7.20M in sales. Profit margin for the company is -751.90%. Distance from 52-week low is 58.33% and -75.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-300.39%).
with sales reaching $2M over the same period.The EPS is expected to grow by 71.30% this year.
CXApp Inc (CXAI) Top Institutional Holders
40.0 institutions hold shares in CXApp Inc (CXAI), with institutional investors hold 9.99% of the company’s shares. The shares outstanding are 16.07M, and float is at 14.46M with Short Float at 7.28%. Institutions hold 5.93% of the Float.
CXApp Inc (CXAI) Insider Activity
The most recent transaction is an insider sale by EISNOR DI-ANN, the company’s Director. SEC filings show that EISNOR DI-ANN sold 15,000 shares of the company’s common stock on Aug 13 ’24 at a price of $3.38 per share for a total of $50700.0. Following the sale, the insider now owns 64120.0 shares.
