CXApp (NASDAQ:CXAI) Releases Quarterly Earnings Results

CXApp (NASDAQ:CXAI) released its earnings results on Tuesday. The company reported ($0.08) EPS for the quarter, Zacks reports. CXApp had a negative return on equity of 281.11% and a negative net margin of 751.90%.

CXApp Stock Performance

Shares of NASDAQ CXAI traded up $0.09 during midday trading on Tuesday, reaching $1.39. The company had a trading volume of 2,425,339 shares, compared to its average volume of 1,838,189. CXApp has a 1 year low of $0.76 and a 1 year high of $3.76. The business’s 50-day simple moving average is $1.05 and its 200 day simple moving average is $1.40. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.25. The stock has a market cap of $27.53 million, a P/E ratio of -1.14 and a beta of 1.02.

About CXApp

CXApp Inc provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, such as workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding, and navigation.