CXApp Inc (NASDAQ:CXAI) Shares Are Down -5.94 Percent In A Week – But Can The Gains Continue?

In recent trading session, CXApp Inc (NASDAQ:CXAI) saw 0.43 million shares changing hands at last check today with its beta currently measuring 0.89. Company’s recent per share price level of $1.88 trading at -$0.08 or -3.77% at last check today assigns it a market valuation of $35.06M. That most recent trading price of CXAI’s stock is at a discount of -276.06% from its 52-week high price of $7.07 and is indicating a premium of 45.21% from its 52-week low price of $1.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.91 million shares which gives us an average trading volume of 1.17 million if we extend that period to 3-months.

CXApp Inc (NASDAQ:CXAI) trade information

Upright in the red during last session for losing -3.77%, in the last five days CXAI remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $1.88 price level, adding 25.87% to its value on the day. CXApp Inc’s shares saw a change of 3.36% in year-to-date performance and have moved -5.94% in past 5-day. CXApp Inc (NASDAQ:CXAI) showed a performance of -16.39% in past 30-days. Number of shares sold short was 1.13 million shares which calculate 0.67 days to cover the short interests.

CXApp Inc (NASDAQ:CXAI)’s Major holders

Insiders are in possession of 40.66% of company’s total shares while institution are holding 5.93 percent of that, with stock having share float percentage of 9.99%. Investors also watch the number of corporate investors in a company very closely, which is 5.93% institutions for CXApp Inc that are currently holding shares of the company.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 508.2 shares of worth $0.96 million or 3.09% of the total outstanding shares. The later fund manager was in possession of 114.28 shares on Sep 30, 2024, making its stake of worth around $0.22 million in the company or a holder of 0.69% of company’s stock.