-0.1 C
New York
Friday, December 2, 2022

Are Things Looking Up For C3.ai Inc. (NYSE: AI)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for C3.ai Inc. (AI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.24, or -1.79%, to $13.2. Volume reached 37,337 shares, with price reaching a high of $13.9 and a low of $13.2. Yahoo Finance discussed the stock recently as it posted C3 AI Introduces New ESG Application.


Do You Own These 7 Inflation-Survival Stocks?

Inflation is still near 40-year highs and rising prices are putting a big dent in our wallets. Unless you find out how to protect your portfolio and outpace inflation, you'll keep being at the mercy of economic factors out of your control. Especially since the price of electricity, food, and shelter are creeping up higher than ever. In this special report, I detail 7 stocks to help you survive and thrive in today's market. They're backed by solid companies, positioned to profit during tough economic times, and offer out-sized dividends to help you outpace inflation.

Click here to get your free copy of the report

Sponsored

Stocks Info

The company is listed on the NYSE and operates within the Information Technology Services industry segment. At the end of the last regular session, the stock closed at $13.35 and fluctuated between $13.93 as its day high and $13.26 as its day low. The current market capitalization of C3.ai Inc. is $1.53B. A total of 1.81 million shares were traded on the day, compared to an average of 2.22M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AI has seen 2 BUY and 8 SELL insider trades, representing the acquisition of 226,785 and the disposition of 58,304 shares. Over the last 12 months, there were 20 BUYs and 48 SELLs from insiders. Insiders purchased 1,877,178 shares during that period but sold 1,924,982.

In the most recent transaction, Parkkinen Juho sold 441 shares of AI for 13.81 per share on Sep 20. After the transaction, the SVP & Chief Financial Officer now owns 361,107 company shares. In a previous transaction on Sep 16, Parkkinen Juho sold 2,378 shares at 14.42 per share. AI shares that SVP & Chief Financial Officer owns now total 361,548.

Among the insiders who sold shares, Parkkinen Juho disposed of 2,120 shares on Aug 01 at a per-share price of $18.19. This resulted in the SVP & Chief Financial Officer holding 363,926 shares of AI after the transaction. In another insider transaction, Parkkinen Juho sold 1,174 shares at $18.34 per share on Jun 29. Company shares held by the SVP & Chief Financial Officer now total 366,046.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. AI’s most recent ex-dividend date was 12/30/2019 when it declared a $0.225 quarterly dividend that was paid in cash on 02/03/2020. Previously, the company paid the dividend on 10/31/2019 with an ex-dividend date of 09/27/2019. The dividend was $0.225 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AI in the last 3 months, the mean price target is $15.63 with high estimates of $25.00 and low estimates of $13.00. In terms of 52-week highs and lows, AI has a high of $53.82 and a low of $13.37.

As of this writing, AI has an earnings estimate of $-0.61 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $-0.51 per share and a lower estimate of $-0.69. The company reported an EPS of $-0.67 in the last quarter, which was -19.64% lower than expectations of $-0.56.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AI is Hold with a score of 2.80. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 7 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 2 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Receive Best Stock To Trade Before The Opening Bell

 

 

100% Free. Stop Anytime. No Spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

292
294

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.