Sprinklr Inc (CXM) Shares Plummet Below 1-Year High

The stock of Sprinklr Inc (NYSE: CXM) has decreased by -0.26 when compared to last closing price of 7.83.Despite this, the company has seen a gain of 6.11% in its stock price over the last five trading days. accesswire.com reported 2024-09-17 that NEW YORK, NY / ACCESSWIRE / September 17, 2024 / If you suffered a loss on your Sprinklr, Inc. (NYSE:CXM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/sprinklr-lawsuit-submission-form?prid=103375&wire=1 or contact Joseph E. Levi, Esq.

Is It Worth Investing in Sprinklr Inc (NYSE: CXM) Right Now?

The price-to-earnings ratio for Sprinklr Inc (NYSE: CXM) is above average at 43.39x, Company’s 36-month beta value is 0.79.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 0 as “sell.”

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The public float for CXM is 105.97M, and currently, short sellers hold a 7.67% ratio of that floaft. The average trading volume of CXM on September 18, 2024 was 1.82M shares.

CXM’s Market Performance

The stock of Sprinklr Inc (CXM) has seen a 6.11% increase in the past week, with a -12.74% drop in the past month, and a -11.45% fall in the past quarter. The volatility ratio for the week is 3.47%, and the volatility levels for the past 30 days are at 3.49% for CXM. The simple moving average for the last 20 days is -7.07% for CXM’s stock, with a simple moving average of -30.58% for the last 200 days.

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 “Neutral.” The predicted price for CXM in the upcoming period, according to DA Davidson is $9 based on the research report published on June 06, 2024 of the current year 2024.

Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see CXM reach a price target of $10, previously predicting the price at $16. The rating they have provided for CXM stocks is “Neutral” according to the report published on June 06th, 2024.

KeyBanc Capital Markets gave a rating of “Overweight” to CXM, setting the target price at $19 in the report published on March 21st of the current year.

CXM Trading at -12.60% 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 -54.43% of loss for the given period.

Volatility was left at 3.49%, however, over the last 30 days, the volatility rate increased by 3.47%, as shares sank -14.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.82% lower at present.

During the last 5 trading sessions, CXM rose by +6.11%, which changed the moving average for the period of 200-days by -49.15% in comparison to the 20-day moving average, which settled at $8.34. In addition, Sprinklr Inc saw -35.13% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CXM starting from DIANE K ADAMS, who proposed sale 10,900 shares at the price of $7.83 back on Sep 16 ’24. After this action, DIANE K ADAMS now owns shares of Sprinklr Inc, valued at $85,347 using the latest closing price.

RAGY THOMAS, the Officer of Sprinklr Inc, proposed sale 18,700 shares at $7.83 during a trade that took place back on Sep 16 ’24, which means that RAGY THOMAS is holding shares at $146,421 based on the most recent closing price.

Stock Fundamentals for CXM

Current profitability levels for the company are sitting at:

  • 0.05 for the present operating margin
  • 0.74 for the gross margin

The net margin for Sprinklr Inc stands at 0.07. The total capital return value is set at 0.08. Equity return is now at value 9.31, with 4.92 for asset returns.

Based on Sprinklr Inc (CXM), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 1.98. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is 8.61.

Currently, EBITDA for the company is 53.71 million with net debt to EBITDA at -1.17. When we switch over and look at the enterprise to sales, we see a ratio of 2.47. The receivables turnover for the company is 3.9for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.

Conclusion

In a nutshell, Sprinklr Inc (CXM) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

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