CXApp Inc (NASDAQ:CXAI) does about 1.06M shares in volume on a normal day but saw 2079262 shares change hands in the recent trading day. The company now has a market cap of 41.67M USD. Its current market price is $2.25, marking an increase of 12.50% compared to the previous close of $2.00. The 52 week high reached by this stock is $7.07 whilst the lowest price level in 52 weeks is $1.03.
CXApp Inc (CXAI) has a 20-day trading average at $1.84 and the current price is -68.18% off the 52-week high compared with 118.45% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.63 and its 200-day simple moving average is $2.32. If we look at the stock’s price movements over the week, volatility stands at 14.96%, which increases to 15.67% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.96 to suggest the stock is neutral.
The consensus objective for the share price is $5.00, suggesting that the stock has a potential upside of 55.0% over the period.
The current price level is 21.98%, 38.22%, and -3.09% away from its SMA20, SMA50, and SMA200 respectively, with the CXAI price moving below the 50-day SMA on current market day. CXApp Inc (CXAI) stock is up 10.84% over the week and 43.31% over the past month. Its price is 23.63% year-to-date and 87.50% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $2M.
To reach the target analysts have set, the stock logically needs to grow 55.0 percent from here.
The company has a return on investment of -300.39% and return on equity of -138.53%. The beta has a value of 0.89. Price to book ratio is 2.53 and price to sales ratio is 5.79.
