CXApp Inc (NASDAQ: CXAI)’s stock price has gone rise by 5.68 in comparison to its previous close of 1.76, however, the company has experienced a 3.33% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-12 that CXApp Inc. (NASDAQ:CXAI ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Khurram Sheikh – Founder, Chairman & CEO Joy Mbanugo – CFO Conference Call Participants Dennis Copertino – Biotech Max Gerber – Unknown Company Jack Cordero – Maxim Group Operator Greetings, and welcome to the CXAI Third Quarter 2024 Earnings Call. [Operator Instructions] Please note this conference is being recorded.
Is It Worth Investing in CXApp Inc (NASDAQ: CXAI) Right Now?
CXAI has 36-month beta value of 0.90. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CXAI is 12.77M, and currently, short sellers hold a 6.50% ratio of that float. The average trading volume of CXAI on December 18, 2024 was 841.61K shares.
CXAI’s Market Performance
The stock of CXApp Inc (CXAI) has seen a 3.33% increase in the past week, with a 36.76% rise in the past month, and a 6.29% gain in the past quarter. The volatility ratio for the week is 12.65%, and the volatility levels for the past 30 days are at 13.05% for CXAI. The simple moving average for the past 20 days is 10.55% for CXAI’s stock, with a -20.92% simple moving average for the past 200 days.
CXAI Trading at 17.74% 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 -73.69% of loss for the given period.
Volatility was left at 13.05%, however, over the last 30 days, the volatility rate increased by 12.65%, as shares surge +32.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.56% upper at present.
During the last 5 trading sessions, CXAI rose by +1.67%, which changed the moving average for the period of 200-days by -13.27% in comparison to the 20-day moving average, which settled at $1.6810. In addition, CXApp Inc saw 44.19% 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 EISNOR DI-ANN, who sale 15,000 shares at the price of $3.38 back on Aug 13 ’24. After this action, EISNOR DI-ANN now owns 64,120 shares of CXApp Inc, valued at $50,700 using the latest closing price.
Di-Ann Eisnor, the Director of CXApp Inc, proposed sale 15,000 shares at $3.38 during a trade that took place back on Aug 13 ’24, which means that Di-Ann Eisnor is holding shares at $50,646 based on the most recent closing price.
Stock Fundamentals for CXAI
Current profitability levels for the company are sitting at:
- -1.94 for the present operating margin
- 0.62 for the gross margin
The net margin for CXApp Inc stands at -7.52. The total capital return value is set at -0.77. Equity return is now at value -138.53, with -102.95 for asset returns.
Based on CXApp Inc (CXAI), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at -1.76. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is -14.76.
Currently, EBITDA for the company is -53.58 million with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 4.19. The receivables turnover for the company is 15.62for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
To put it simply, CXApp Inc (CXAI) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
