CXApp Inc (NASDAQ:CXAI) price closed lower on Monday, April 15, dropping -3.64% below its previous close.
A look at the daily price movement shows that the last close reads $4.39. The company’s 5Y monthly beta was ticking 1.30. Taking into account the 52-week price action we note that the stock hit a 52-week high of $21.00 and 52-week low of $1.03. The stock added 59.32% on its value in the past month.
CXApp Inc, which has a market valuation of $64.51 million, is expected to release its quarterly earnings report Apr 15, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give CXAI a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that CXAI’s price is at present 13.60% off the SMA20 and 64.46% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 55.15, with weekly volatility standing at 14.69%. The indicator jumps to 20.84% when calculated based on the past 30 days. CXApp Inc (NASDAQ:CXAI)’s beta value is holding at 1.04, while the average true range (ATR) indicator is currently reading 0.81.
An analysis of the CXApp Inc (NASDAQ:CXAI) stock in terms of its daily trading volume indicates that the 3-month average is 9.06 million.
Current records show that the company has 15.25M in outstanding shares. The insiders’ percentage holdings are 12.90% of outstanding shares while the percentage share held by institutions stands at 4.98%. But the 227.91% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
