Cloudastructure Inc (CSAI) Is Worth Thinking About For The Coming Weeks

Cloudastructure Inc (NASDAQ:CSAI) price on Friday, March 21, fall -4.97% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.31.

A look at the stock’s price movement, the close in the last trading session was $6.64, moving within a range at $5.74 and $6.9078. Turning to its 52-week performance, $52.43 and $4.22 were the 52-week high and 52-week low respectively. Overall, CSAI moved -46.75% over the past month.

Cloudastructure Inc’s market cap currently stands at around $97.54 million, with investors looking forward to this quarter’s earnings report slated for in April.

CSAI’s current price about -4.71% and -41.52% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.34, while 7-day volatility ratio is 27.36% and 23.86% in the 30-day chart. Further, Cloudastructure Inc (CSAI) has a beta value of 0, and an average true range (ATR) of 3.35.

If we refocus on Cloudastructure Inc (NASDAQ:CSAI), historical trading data shows that trading volumes averaged 0.78 over the past 10 days and 1.06 million over the past 3 months. The company’s latest data on shares outstanding shows there are 15.46 million shares.

The 3.69% of Cloudastructure Inc’s shares are in the hands of company insiders. Also important is the data on short interest which shows that short shares stood at 66746.0 on 2025-02-28, giving us a short ratio of 0.17. Current price change has pushed the stock -81.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CSAI stock continues to rise going into the next quarter.

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