C3.ai Inc (AI) concluded trading on Wednesday at a closing price of $22.89, with 2.93 million shares of worth about $67.15 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.63% during that period and on October 02, 2024 the price saw a gain of about 1.28%. Currently the company’s common shares owned by public are about 120.21M shares, out of which, 110.29M shares are available for trading.
Stock saw a price change of -5.26% in past 5 days and over the past one month there was a price change of -2.39%. Year-to-date (YTD), AI shares are showing a performance of -20.27% which decreased to -7.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.85 but also hit the highest price of $38.30 during that period. The average intraday trading volume for C3.ai Inc shares is 3.83 million. The stock is currently trading -0.16% below its 20-day simple moving average (SMA20), while that difference is down -5.43% for SMA50 and it goes to -13.82% lower than SMA200.
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C3.ai Inc (NYSE: AI) currently have 120.21M outstanding shares and institutions hold larger chunk of about 42.93% of that.
The stock has a current market capitalization of $2.91B and its 3Y-monthly beta is at 1.81. It has posted earnings per share of -$2.29 in the same period. It has Quick Ratio of 7.86 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AI, volatility over the week remained 4.12% while standing at 4.69% over the month.
Stock’s fiscal year EPS is expected to drop by -14.73% while it is estimated to increase by 38.23% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on May 30, 2024 offering an Outperform rating for the stock and assigned a target price of $35 to it. Coverage by Oppenheimer stated C3.ai Inc (AI) stock as an Outperform in their note to investors on November 21, 2023, suggesting a price target of $40 for the stock. Stock get an Outperform rating from Wedbush on June 01, 2023.
