CXApp Inc (NASDAQ: CXAI) is -21.98% lower on its value in year-to-date trading and has touched a low of $0.76 and a high of $6.58 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 $0.81 in the last trading session, with the day’s gains setting it 0.61%.
Currently trading at $1.42, the stock is 50.19% and 15.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 91.28 million and changing 76.00% at the moment leaves the stock -16.81% off its SMA200. CXAI registered -71.26% loss for a year compared to 6-month loss of -9.55%. The firm has a 50-day simple moving average (SMA 50) of $1.23448 and a 200-day simple moving average (SMA200) of $1.706895.
The stock witnessed a 33.96% gain in the last 1 month and extending the period to 3 months gives it a -29.00%, and is 72.96% up 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 20.51% over the week and 11.20% over the month.
Profit margin for the company is -751.90%. Distance from 52-week low is 85.86% and -78.42% 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.
CXApp Inc (CXAI) Top Institutional Holders
42.0 institutions hold shares in CXApp Inc (CXAI), with institutional investors hold 19.44% of the company’s shares. The shares outstanding are 16.07M, and float is at 15.07M with Short Float at 7.77%. Institutions hold 11.54% of the Float.
The top institutional shareholder in the company is GEODE CAPITAL MANAGEMENT, LLC with over 96548.0 shares valued at $0.2 million. The investor’s holdings represent 0.6329% of the CXAI Shares outstanding. As of 2024-06-30, the second largest holder is ZUCKERMAN INVESTMENT GROUP, LLC with 38000.0 shares valued at $76760.0 to account for 0.2491 of the shares outstanding. The other top investors are CITADEL ADVISORS LLC which holds 33605.0 shares representing 0.2203% and valued at over $67882.0, while VIRTU FINANCIAL LLC holds 0.1998 of the shares totaling 30484.0 with a market value of $62000.0.
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.
