The price of Sprinklr Inc (NYSE:CXM) shares last traded on Wall Street fell -0.44% to $8.95.
CXM stock price is now 10.44% away from the 50-day moving average and -6.57% away from the 200-day moving average. The market capitalization of the company currently stands at $2.28B.
With the price target maintained at $11, JP Morgan recently Downgraded its rating from Overweight to Neutral for Sprinklr Inc (NYSE: CXM). On November 19, 2024, Scotiabank recently initiated its ‘Sector Perform’ rating on the stock quoting a target price of $7.70, while ‘Wells Fargo’ rates the stock as ‘Underweight’
In other news, Thomas Ragy, Director sold 15,258 shares of the company’s stock on Dec 16 ’24. The stock was sold for $142,967 at an average price of $9.37. Upon completion of the transaction, the Director now directly owns 1,032,661 shares in the company, valued at $9.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 17 ’24, Director Thomas Ragy sold 129 shares of the business’s stock. A total of $1,202 was realized by selling the stock at an average price of $9.32. This leaves the insider owning 1,032,532 shares of the company worth $9.24 million. A total of 59.93% of the company’s stock is owned by insiders.
During the past 12 months, Sprinklr Inc has had a low of $6.91 and a high of $14.31. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 1.65, and a quick ratio of 1.65. According to the stock market information, the enterprise value for the company is $1772721664, which is based on a 56.86 price-to-earnings ratio, a 1.90 price-to-earnings-growth ratio, and a beta of 0.78. The fifty day moving average price for CXM is $8.0692 and a two-hundred day moving average price translates $9.6023 for the stock.
The latest earnings results from Sprinklr Inc (NYSE: CXM) was released for 2024-07-31. The net profit margin was 5.59% and return on equity was 7.63% for CXM. The company reported revenue of $197.21 million for the quarter, compared to $178.47 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.5 percent.
