With 3.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.28 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $3.385 whereas the lowest price it dropped to was $2.59. The 52-week range on CHAI shows that it touched its highest point at $60.40 and its lowest point at $3.18 during that stretch. It currently has a 1-year price target of $5040.00. Beta for the stock currently stands at 2.07.
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 CHAI was down-trending over the past week, with a drop of -18.07%, but this was down by -43.92% over a month. Three-month performance dropped to -78.88% while six-month performance fell -48.48%. The stock lost -88.82% in the past year, while it has lost -94.65% so far this year. A look at the trailing 12-month EPS for CHAI yields -73.05 with Next year EPS estimates of -5.24. For the next quarter, that number is -1.44. This implies an EPS growth rate of 98.69% for this year and 35.15% for next year. EPS is expected to grow by 79.62% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 83.31%.
Float and Shares Shorts:
At present, 19.92 million CHAI shares are outstanding with a float of 19.92 million shares on hand for trading.
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 -$5515.2 being high and -$5515.2 being low. For CHAI, this leads to a yearly average estimate of -$5515.2.
