With 16.07M Outstanding Shares, Can CXApp Inc (NASDAQ: CXAI) Deliver Big Short-Term Gains?

CXApp Inc (NASDAQ:CXAI) currently has a daily average trading volume of 401.44K but it saw 1431613 shares traded in last market. With a market cap of 25.18M USD, the company’s current market price of $1.53 remained unchanged while comparing to the previous closing price of $1.53. 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 $1.46 while lowest mark touched by it was $1.68.

Taking a look at 20-day trading activity of CXApp Inc (CXAI) gives us an average price of $1.5155, while its current price level is -78.36% below from 52-week high level whereas it is 48.54% 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 $1.5274 while that of 200 days or SMA-200 reads an average of $2.3655. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.91% during that period while stretching the period over a month that decreases to 10.59%. 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 50.57 which implies that the stock is in neutral territory.

Over the week, CXAI’s stock price is moving -3.77% down while it is 8.51% when we observe its performance for the past one month. Year-to-date it is 18.60% up and over the past year, the stock is showing an upside performance of 4.79%.

Currently, CXApp Inc’s total number of outstanding shares is 16.07M. Company’s return on investment (ROI) stands at -300.39% and return on equity (ROE) at -138.53%. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 1.72 while price to sale or P/S ratio amounts to 3.50. Its return on asset (ROA) is -102.95% on average.