With 0.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.31 million shares. The 52-week range on CXAI shows that it touched its highest point at $3.76 and its lowest point at $0.76 during that stretch. It currently has a 1-year price target of $3.00. Beta for the stock currently stands at 0.96.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CXAI was down-trending over the past week, with a drop of -19.23%, but this was down by -11.76% over a month. Three-month performance dropped to -17.97% while six-month performance fell -19.23%. The stock lost -67.79% in the past year, while it has lost -42.31% so far this year. A look at the trailing 12-month EPS for CXAI yields -0.98 with Next year EPS estimates of -0.79. For the next quarter, that number is -0.23. This implies an EPS growth rate of 36.89% for this year and -2.60% for next year. EPS is expected to grow by 26.22% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -79.16%.
Float and Shares Shorts:
At present, 19.81 million CXAI shares are outstanding with a float of 17.03 million shares on hand for trading.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.24 being high and -$1.24 being low. For CXAI, this leads to a yearly average estimate of -$1.24. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
