The 36-month beta value for CXAI is also noteworthy at 1.18. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for CXAI is 13.29M, and at present, short sellers hold a 11.85% of that float. The average trading volume of CXAI on April 29, 2024 was 9.40M shares.
CXAI) stock’s latest price update
CXApp Inc (NASDAQ: CXAI)’s stock price has soared by 14.95 in relation to previous closing price of 3.21. Nevertheless, the company has seen a gain of 6.03% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-16 that CXApp Inc. (NASDAQ:CXAI ) Q4 2023 Results Earnings Conference Call April 17, 2024 4:30 PM ET Company Participants Khurram Sheikh – Chairman and Chief Executive Officer Conference Call Participants Operator Greetings. Welcome to the CXApp Fourth Quarter 2023 Earnings Call.
CXAI’s Market Performance
CXAI’s stock has risen by 6.03% in the past week, with a monthly rise of 55.04% and a quarterly rise of 202.46%. The volatility ratio for the week is 10.06% while the volatility levels for the last 30 days are 20.85% for CXApp Inc The simple moving average for the past 20 days is -12.43% for CXAI’s stock, with a 32.82% simple moving average for the past 200 days.
CXAI Trading at 22.68% from the 50-Day Moving Average
After a stumble in the market that brought CXAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.08% of loss for the given period.
Volatility was left at 20.85%, however, over the last 30 days, the volatility rate increased by 10.06%, as shares surge +50.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +171.32% upper at present.
During the last 5 trading sessions, CXAI rose by +6.03%, which changed the moving average for the period of 200-days by -61.60% in comparison to the 20-day moving average, which settled at $4.28. In addition, CXApp Inc saw 186.05% 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 CXAI starting from Sheikh Khurram P, who sale 38,190 shares at the price of $3.39 back on Sep 08 ’23. After this action, Sheikh Khurram P now owns 2,421,648 shares of CXApp Inc, valued at $129,311 using the latest closing price.
EISNOR DI-ANN, the Director of CXApp Inc, sale 3,000 shares at $3.28 during a trade that took place back on Sep 08 ’23, which means that EISNOR DI-ANN is holding 79,120 shares at $9,831 based on the most recent closing price.
Stock Fundamentals for CXAI
Current profitability levels for the company are sitting at:
- -2.48 for the present operating margin
- 0.77 for the gross margin
The net margin for CXApp Inc stands at -2.05. The total capital return value is set at -0.17. Equity return is now at value -71.65, with -60.79 for asset returns.
Based on CXApp Inc (CXAI), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -14.09. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -10856.75.
Currently, EBITDA for the company is -13.5 million with net debt to EBITDA at 2.33. When we switch over and look at the enterprise to sales, we see a ratio of 11.38. The receivables turnover for the company is 4.09for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
Conclusion
In summary, CXApp Inc (CXAI) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
