C3.ai Inc (NYSE:AI) shares, rose in value on Wednesday, March 26, with the stock price down by -2.00% to the previous day’s close as strong demand from buyers drove the stock to $23.03.
Actively observing the price movement in the last trading, the stock closed the session at $23.50, falling within a range of $22.66 and $23.6625. The value of beta (5-year monthly) was 2.02. Referring to stock’s 52-week performance, its high was $45.08, and the low was $18.85. On the whole, AI has fluctuated by -12.53% over the past month.
With the market capitalization of C3.ai Inc currently standing at about $3.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 388.76M, with a low estimate of 104.78M and a high estimate of 110.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 108.54M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of AI currently trading nearly 3.29% and -17.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.09, while the 7-day volatility ratio is showing 3.91% which for the 30-day chart, stands at 5.54%. Furthermore, C3.ai Inc (AI)’s beta value is 1.99, and its average true range (ATR) is 1.32.
A comparison of C3.ai Inc (AI) with its peers suggests the former has fared considerably weaker in the market. AI showed an intraday change of -2.00% in last session, and over the past year, it shrunk by -17.22%%.
Data on historical trading for C3.ai Inc (NYSE:AI) indicates that the trading volumes over the past 10 days have averaged 3.23 and over the past 3 months, they’ve averaged 4.84 million. According to company’s latest data on outstanding shares, there are 128.86 million shares outstanding.
Nearly 12.24% of C3.ai Inc’s shares belong to company insiders and institutional investors own 50.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.09 million shares as on 2025-03-14, resulting in a short ratio of 3.87. According to the data, the short interest in C3.ai Inc (AI) stood at 2114.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 21.27 million. The stock has fallen by -33.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AI stock heading into the next quarter.
