In the latest trading session, 0.4 million CXApp Inc (NASDAQ:CXAI) shares changed hands as the company’s beta touched 0.91. With the company’s most recent per share price at $1.71 changed hands at -$0.12 or -6.55% at last look, the market valuation stands at $31.88M. CXAI’s current price is a discount, trading about -313.45% off its 52-week high of $7.07. The share price had its 52-week low at $1.03, which suggests the last value was 39.77% up since then. When we look at CXApp Inc’s average trading volume, we note the 10-day average is 1.97 million shares, with the 3-month average coming to 1.20 million.
CXApp Inc (NASDAQ:CXAI) trade information
Instantly CXAI was in red as seen in intraday trades today. With action -24.00%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -6.04%, with the 5-day performance at -24.00% in the red. However, in the 30-day time frame, CXApp Inc (NASDAQ:CXAI) is -19.71% down. Looking at the short shares, we see there were 1.13 million shares sold at short interest cover period of 0.67 days.
CXApp Inc (CXAI) estimates and forecasts
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 2M.
The 2025 estimates are for CXApp Inc earnings to increase by 71.30%.
CXAI Dividends
CXApp Inc is expected to release its next quarterly earnings report in February.
CXApp Inc (NASDAQ:CXAI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 40.66% of CXApp Inc shares while 5.93% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 9.99%.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 508.2 shares estimated at $0.86 million under it, the former controlled 3.09% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.69% of the shares, roughly 114.28 shares worth around $0.19 million.