Putting The Spotlight On CXApp Inc (CXAI)

CXApp Inc (NASDAQ:CXAI) currently has a daily average trading volume of 3.73M but it saw 4192772 shares traded in last market. With a market cap of 36.95M USD, the company’s current market price of $2.42 came rising about 8.04 while comparing to the previous closing price of $2.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.07 and as low as $1.03. In the recent trading on the day, stock has struck highest price mark of $2.2 while lowest mark touched by it was $2.5.

Taking a look at 20-day trading activity of CXApp Inc (CXAI) gives us an average price of $2.09, while its current price level is -65.77% below from 52-week high level whereas it is 134.95% 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 $2.23 while that of 200 days or SMA-200 reads an average of $2.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.99% during that period while stretching the period over a month that decreases to 16.14%. 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 54.93 which implies that the stock is in neutral territory.

Over the week, CXAI’s stock price is moving 24.10% up while it is 3.42% when we observe its performance for the past one month. Year-to-date it is 87.60% up and over the past year, the stock is showing a downside performance of -60.20%.

The company is expected to be releasing its next quarterly report on 2024-May-24, for which analysts forecasted an EPS of 0.0 while estimate for next year EPS is -1.07. In next quarter, company is expected to be making quarterly sales of $1.8M as analysts are expecting the sales for current fiscal year at $7.8M and seeing the company making $15M in sales next year. Moreover, analysts are in estimates of $1.82M for current-quarter revenue.

Currently, CXApp Inc’s total number of outstanding shares is 15.25M. Company’s return on investment (ROI) stands at -247.61% and return on equity (ROE) at -141.60%. Stock’s beta reads 0.87. Stock has a price to book (P/B) ratio of 2.24 while price to sale or P/S ratio amounts to 5.23. Its return on asset (ROA) is -89.93% on average.