Spotting A Winner: Sprinklr Inc (NYSE: CXM) Advances 0.80 And It Still Have Room To Run

money audit

Sprinklr Inc (NYSE:CXM) currently has a daily average trading volume of 1.72M but it saw 2344278 shares traded in last market. With a market cap of 2.26B USD, the company’s current market price of $8.87 came rising about 0.80 while comparing to the previous closing price of $8.80. 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. In the recent trading on the day, stock has struck highest price mark of $8.75 while lowest mark touched by it was $8.95.

Taking a look at 20-day trading activity of Sprinklr Inc (CXM) gives us an average price of $8.66, while its current price level is -38.04% below from 52-week high level whereas it is 28.36% 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 $8.76 while that of 200 days or SMA-200 reads an average of $8.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.80% during that period while stretching the period over a month that decreases to 4.03%. 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 52.18 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 -5.84% down while it is -4.52% when we observe its performance for the past one month. Year-to-date it is 4.97% up and over the past year, the stock is showing a downside performance of -32.03%.

Currently, Sprinklr Inc’s total number of outstanding shares is 254.38M. Company’s return on investment (ROI) stands at 18.61% and return on equity (ROE) at 18.83%. It has a price to earnings ratio (P/E ratio) of 19.53 while having a 20.43 of forward P/E ratio. Stock’s beta reads 0.73. Stock has a price to book (P/B) ratio of 4.54 while price to sale or P/S ratio amounts to 2.83. Its return on asset (ROA) is 10.10% on average.