CXApp Inc (NASDAQ: CXAI) is -52.56% lower on its value in year-to-date trading and has touched a low of $0.76 and a high of $3.76 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 $1.02 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $1.11, the stock is 11.43% and 7.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing 8.82% at the moment leaves the stock -16.80% off its SMA200. CXAI registered -39.01% loss for a year compared to 6-month loss of -41.27%. The firm has a 50-day simple moving average (SMA 50) of $1.02928 and a 200-day simple moving average (SMA200) of $1.336945.
The stock witnessed a 17.36% gain in the last 1 month and extending the period to 3 months gives it a 0.91%, and is 11.00% 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 6.70% over the week and 6.16% over the month.
CXApp Inc (CXAI) has around 41 employees, a market worth around $23.06M and $6.55M in sales. Profit margin for the company is -242.12%. Distance from 52-week low is 45.29% and -70.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-79.60%).
with sales reaching $1.2M over the same period.The EPS is expected to grow by 36.89% this year, but quarterly earnings will post -29.99% year-over-year. Quarterly sales are estimated to shrink -32.05% in year-over-year returns.
CXApp Inc (CXAI) Top Institutional Holders
37.0 institutions hold shares in CXApp Inc (CXAI), with institutional investors hold 42.33% of the company’s shares. The shares outstanding are 19.81M, and float is at 15.18M with Short Float at 5.54%. Institutions hold 11.87% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.62 million shares valued at $1.26 million. The investor’s holdings represent 4.082% of the CXAI Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 96548.0 shares valued at $0.2 million to account for 0.6329 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 53981.0 shares representing 0.3539% and valued at over $0.11 million, while ZUCKERMAN INVESTMENT GROUP, LLC holds 0.2491 of the shares totaling 38000.0 with a market value of $76760.0.
CXApp Inc (CXAI) Insider Activity
The most recent transaction is an insider sale by EISNOR DI-ANN,the company’sDirector. 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.
