In the past week, AI stock has gone down by -5.16%, with a monthly decline of -5.29% and a quarterly surge of 42.25%. The volatility ratio for the week is 5.83%, and the volatility levels for the last 30 days are 8.37% for C3.ai Inc The simple moving average for the last 20 days is -9.75% for AI’s stock, with a simple moving average of 25.87% for the last 200 days.
Is It Worth Investing in C3.ai Inc (NYSE: AI) Right Now?
Moreover, the 36-month beta value for AI is 1.99. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 4 as “sell.”
The public float for AI is 111.81M and currently, short sellers hold a 19.45% of that float. On December 30, 2024, AI’s average trading volume was 6.88M shares.
AI) stock’s latest price update
C3.ai Inc (NYSE: AI) has experienced a decline in its stock price by -3.54 compared to its previous closing price of 35.73. However, the company has seen a fall of -5.16% in its stock price over the last five trading days. fool.com reported 2024-12-29 that Palantir Technologies (PLTR -3.72%) has seemingly become the market leader in developing and deploying artificial intelligence (AI) software in the real world. After working with government agencies in its earlier years, Palantir is thriving in the commercial sector, especially after launching its AIP platform for AI applications.
Analysts’ Opinion of AI
Many brokerage firms have already submitted their reports for AI stocks, with KeyBanc Capital Markets repeating the rating for AI by listing it as a “Underweight.” The predicted price for AI in the upcoming period, according to KeyBanc Capital Markets is $29 based on the research report published on December 19, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see AI reach a price target of $28. The rating they have provided for AI stocks is “Underweight” according to the report published on December 11th, 2024.
Northland Capital gave a rating of “Outperform” to AI, setting the target price at $35 in the report published on May 30th of the current year.
AI Trading at 6.04% from the 50-Day Moving Average
After a stumble in the market that brought AI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.54% of loss for the given period.
Volatility was left at 8.37%, however, over the last 30 days, the volatility rate increased by 5.83%, as shares sank -7.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.16% upper at present.
During the last 5 trading sessions, AI fell by -5.70%, which changed the moving average for the period of 200-days by +17.77% in comparison to the 20-day moving average, which settled at $38.18. In addition, C3.ai Inc saw 20.05% 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 AI starting from Snabe Jim H., who sale 499,700 shares at the price of $43.05 back on Dec 17 ’24. After this action, Snabe Jim H. now owns 10,000 shares of C3.ai Inc, valued at $21,512,085 using the latest closing price.
Lath Hitesh, the CHIEF FINANCIAL OFFICER of C3.ai Inc, sale 3,949 shares at $42.36 during a trade that took place back on Dec 17 ’24, which means that Lath Hitesh is holding 851 shares at $167,280 based on the most recent closing price.
Stock Fundamentals for AI
Current profitability levels for the company are sitting at:
- -0.9 for the present operating margin
- 0.6 for the gross margin
The net margin for C3.ai Inc stands at -0.79. The total capital return value is set at -0.34. Equity return is now at value -31.00, with -25.91 for asset returns.
Currently, EBITDA for the company is -305.62 million with net debt to EBITDA at 0.39. When we switch over and look at the enterprise to sales, we see a ratio of 12.24. The receivables turnover for the company is 2.17for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.52.
Conclusion
To wrap up, the performance of C3.ai Inc (AI) has been mixed in recent times. The stock has received a mixed of “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.
