CXApp Inc (NASDAQ: CXAI) is -39.56% lower on its value in year-to-date trading and has touched a low of $0.76 and a high of $5.43 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 $1.07 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.10, the stock is 11.10% and -3.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.47 million and changing 2.80% at the moment leaves the stock -33.67% off its SMA200. CXAI registered -71.87% loss for a year compared to 6-month loss of -31.68%. The firm has a 50-day simple moving average (SMA 50) of $1.1455 and a 200-day simple moving average (SMA200) of $1.658325.
The stock witnessed a 10.88% gain in the last 1 month and extending the period to 3 months gives it a -41.80%, and is 5.77% 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 10.12% over the week and 15.11% over the month.
CXApp Inc (CXAI) has around 41 employees, a market worth around $21.78M and $7.14M in sales. Profit margin for the company is -271.74%. Distance from 52-week low is 43.98% and -79.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-95.95%).
with sales reaching $1.7M over the same period.The EPS is expected to grow by 35.25% this year, but quarterly earnings will post 26.02% year-over-year.
42.0 institutions hold shares in CXApp Inc (CXAI), with institutional investors hold 17.58% of the company’s shares. The shares outstanding are 19.22M, and float is at 16.01M with Short Float at 6.73%. Institutions hold 10.85% 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 GOLDMAN SACHS GROUP INC with 53981.0 shares valued at $0.11 million to account for 0.3539 of the shares outstanding. The other top investors are ZUCKERMAN INVESTMENT GROUP, LLC which holds 38000.0 shares representing 0.2491 and valued at over $76760.0, while CITADEL ADVISORS LLC holds 0.2203 of the shares totaling 33605.0 with a market value of $67882.0.
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.
