The stock of Sprinklr Inc (CXM) has gone up by 3.74% for the week, with a 9.90% rise in the past month and a 4.90% rise in the past quarter. The volatility ratio for the week is 2.48%, and the volatility levels for the past 30 days are 2.75% for CXM. The simple moving average for the past 20 days is 7.19% for CXM’s stock, with a 14.32% simple moving average for the past 200 days.
Is It Worth Investing in Sprinklr Inc (NYSE: CXM) Right Now?
Sprinklr Inc (NYSE: CXM) has a price-to-earnings ratio of 684.47x that is above its average ratio. Additionally, the 36-month beta value for CXM is 0.96. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for CXM is $18.75, which is $3.76 above the current price. The public float for CXM is 109.87M and currently, short sellers hold a 2.81% ratio of that float. The average trading volume of CXM on November 17, 2023 was 1.30M shares.
CXM) stock’s latest price update
Sprinklr Inc (NYSE: CXM)’s stock price has plunge by 0.60relation to previous closing price of 14.90. Nevertheless, the company has seen a 3.74% surge in its stock price over the last five trading sessions. Business Wire reported 2023-11-17 that NEW YORK–(BUSINESS WIRE)—- $CXM #AI–Sprinklr (NYSE: CXM), the unified customer experience management (Unified-CXM) platform for modern enterprises, today announced that Manish Sarin, Sprinklr’s Chief Financial Officer, will be participating in a Fireside Chat at the following investor event: Barclays Global Technology Conference Presenter: Manish Sarin, Chief Financial Officer Date: Thursday, December 7th, 2023 Location: The Palace Hotel, 2 New Montgomery St, San Francisco, CA 94105 Time: 3:05pm PST A l.
Analysts’ Opinion of CXM
Many brokerage firms have already submitted their reports for CXM stocks, with DA Davidson repeating the rating for CXM by listing it as a “Buy.” The predicted price for CXM in the upcoming period, according to DA Davidson is $17 based on the research report published on July 25, 2023 of the current year 2023.
CXM Trading at 5.52% from the 50-Day Moving Average
After a stumble in the market that brought CXM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.13% of loss for the given period.
Volatility was left at 2.75%, however, over the last 30 days, the volatility rate increased by 2.48%, as shares surge +13.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.14% lower at present.
During the last 5 trading sessions, CXM rose by +3.98%, which changed the moving average for the period of 200-days by +37.84% in comparison to the 20-day moving average, which settled at $14.07. In addition, Sprinklr Inc saw 83.48% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CXM starting from Adams Diane, who sale 23,160 shares at the price of $15.04 back on Nov 15. After this action, Adams Diane now owns 273,546 shares of Sprinklr Inc, valued at $348,326 using the latest closing price.
Sarin Manish, the Chief Financial Officer of Sprinklr Inc, sale 9,200 shares at $15.03 during a trade that took place back on Nov 15, which means that Sarin Manish is holding 763,411 shares at $138,276 based on the most recent closing price.
Stock Fundamentals for CXM
Current profitability levels for the company are sitting at:
- -8.29 for the present operating margin
- +73.44 for the gross margin
The net margin for Sprinklr Inc stands at -9.02. The total capital return value is set at -9.47, while invested capital returns managed to touch -10.37. Equity return is now at value 1.20, with 0.68 for asset returns.
Based on Sprinklr Inc (CXM), the company’s capital structure generated 3.05 points at debt to equity in total, while total debt to capital is 2.96. Total debt to assets is 1.64, with long-term debt to equity ratio resting at 1.75. Finally, the long-term debt to capital ratio is 1.70.
When we switch over and look at the enterprise to sales, we see a ratio of 5.17, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 3.28 and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.
Conclusion
In conclusion, Sprinklr Inc (CXM) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.