Sprinklr Inc (NYSE: CXM): Retirees Don’t Worry About Volatility

Sprinklr Inc (NYSE:CXM) currently has a daily average trading volume of 1.98M but it saw 1492792 shares traded in last market. With a market cap of 2.19B USD, the company’s current market price of $8.62 remained unchanged while comparing to the previous closing price of $8.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.31 and as low as $6.91.

Taking a look at 20-day trading activity of Sprinklr Inc (CXM) gives us an average price of $8.95, while its current price level is -39.78% below from 52-week high level whereas it is 24.75% 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 $8.85 while that of 200 days or SMA-200 reads an average of $8.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.19% during that period while stretching the period over a month that increases to 3.32%. 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 42.56 which implies that the stock is in neutral territory.

JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on December 11, 2024 while assigning a price target of $11. Scotiabank issued its recommendations for the stock as it initiated the price target for the stock is $7.70.

Over the week, CXM’s stock price is moving -6.41% down while it is -4.12% when we observe its performance for the past one month. Year-to-date it is 2.01% up and over the past year, the stock is showing a downside performance of -32.55%.

Currently, Sprinklr Inc’s total number of outstanding shares is 137.91M. Company’s return on investment (ROI) stands at 8.15% and return on equity (ROE) at 7.63%. It has a price to earnings ratio (P/E ratio) of 54.76 while having a 22.92 of forward P/E ratio. Stock’s beta reads 0.79. Stock has a price to book (P/B) ratio of 4.41 while price to sale or P/S ratio amounts to 2.78. Its return on asset (ROA) is 4.28% on average.