CXApp Inc (NASDAQ: CXAI) Recovers 227.18% From 52-Week Low, Is CXAI Still A High-Risk, High-Reward Play?

CXApp Inc (NASDAQ:CXAI) currently has a daily average trading volume of 9.44M but it saw 1262092 shares traded in last market. With a market cap of 51.39M USD, the company’s current market price of $3.37 came rising about 0.30 while comparing to the previous closing price of $3.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.00 and as low as $1.03.

Taking a look at 20-day trading activity of CXApp Inc (CXAI) gives us an average price of $4.01, while its current price level is -78.94% below from 52-week high level whereas it is 227.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.17 while that of 200 days or SMA-200 reads an average of $2.67. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.30% during that period while stretching the period over a month that increases to 15.77%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.60 which implies that the stock is in neutral territory.

Over the week, CXAI’s stock price is moving -3.16% down while it is -24.78% when we observe its performance for the past one month. Year-to-date it is 161.24% up and over the past year, the stock is showing a downside performance of -74.35%.

Currently, CXApp Inc’s total number of outstanding shares is 15.25M. Company’s return on investment (ROI) stands at -39.55% and return on equity (ROE) at -71.65%. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 9.10. Its return on asset (ROA) is -60.79% on average.