CXApp Inc (NASDAQ:CXAI) shares, rose in value, with the stock price up by 2.80% to the previous day’s close as strong demand from buyers drove the stock to $1.10.
Actively observing the price movement in the last trading, the stock closed the session at $1.07, falling within a range of $1.02 and $1.11. The value of beta (5-year monthly) was 1.074. Referring to stock’s 52-week performance, its high was $5.43, and the low was $0.76. On the whole, CXAI has fluctuated by 10.88% over the past month.
With the market capitalization of CXApp Inc currently standing at about $21.79 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-06.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9M, with a low estimate of 1.7M and a high estimate of 1.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.7M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CXAI’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 100% Sell.
The stock’s technical analysis shows that the price of CXAI currently trading nearly 11.10% and -3.97% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.96, while the 7-day volatility ratio is showing 10.12% which for the 30-day chart, stands at 15.11%. Furthermore, CXApp Inc (CXAI)’s beta value is 0.96, and its average true range (ATR) is 0.15.
A comparison of CXApp Inc (CXAI) with its peers suggests the former has fared considerably weaker in the market. CXAI showed an intraday change of 2.80% in last session, and over the past year, it shrunk by -71.87%%.
Data on historical trading for CXApp Inc (NASDAQ:CXAI) indicates that the trading volumes over the past 10 days have averaged 11.26 and over the past 3 months, they’ve averaged 2.43 million. According to company’s latest data on outstanding shares, there are 19.22 million shares outstanding.
Nearly 19.18% of CXApp Inc’s shares belong to company insiders and institutional investors own 10.89% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.08 million shares as on 2025-03-31, resulting in a short ratio of 3.27. According to the data, the short interest in CXApp Inc (CXAI) stood at 741.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.0 million. The stock has fallen by -39.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CXAI stock heading into the next quarter.
