CXApp Inc (NASDAQ: CXAI) Recovers 137.86% 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 3.87M but it saw 1383876 shares traded in last market. With a market cap of 37.41M USD, the company’s current market price of $2.45 came falling about -9.93 while comparing to the previous closing price of $2.72. 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 $2.44 while lowest mark touched by it was $2.85.

Taking a look at 20-day trading activity of CXApp Inc (CXAI) gives us an average price of $2.15, while its current price level is -65.35% below from 52-week high level whereas it is 137.86% 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 $2.21 while that of 200 days or SMA-200 reads an average of $2.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.69% during that period while stretching the period over a month that increases to 17.61%. 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 53.85 which implies that the stock is in neutral territory.

Over the week, CXAI’s stock price is moving 1.24% up while it is 15.02% when we observe its performance for the past one month. Year-to-date it is 89.92% up and over the past year, the stock is showing a downside performance of -47.65%.

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 0.89. Stock has a price to book (P/B) ratio of 2.27 while price to sale or P/S ratio amounts to 5.29. Its return on asset (ROA) is -89.93% on average.