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- C3.ai Inc.’s (AI) stock has a P/E ratio of -11.9
- The live market cap is $3.34 Billion.
C3.ai stock price is currently moving in a downtrend momentum. The price is now moving in a range. This structure demonstrates that the AI price is creating a negative structure and the price is likely to decline in the upcoming days.
Financial Data of C3.ai Inc. (NYSE: AI)
C3.ai stock has a market price of $29.20 as of 28 August 2023. The market cap of AI stock is $3.34 Billion.
The C3.ai stock has made a 52-week high of $29.75 and the 52-week low is $8.9/ The average volume of the AI stock is $6.3 Million.
The revenue of C3.ai Inc. stock for Q2 2023 is $72.4 Billion. The revenue of the AI stock has declined by 2% year-over-year (YoY).
The profit margin of the AI stock is declining in the current year. The net income of the AI stock has fallen as well.
The AI stock has a P/E ratio of -11 and the gross profit of the AI is 66.6% for Q2 2023. This gross profit declined by over 13.6% Y-o-Y.
C3.ai Inc. (AI) Technical Analysis
EMA
C3.ai Inc.’s stock price is weak. The AI price is trading below the 50-day and 100-day EMA levels. This is a bearish sign and shows that the AI price will fall.
MACD
The MACD line for the AI stock is trading below the signal line. Also, there is a red histogram formation in the AI stock. This suggests that the stock is bearish and prices may fall in the next few days.
Conclusion
As per the analysis, the price of C3.ai stock (AI) is trading near the crucial support level. The price is moving in a falling wedge pattern. The price is forming a weak pattern. Also, the indicators are giving a weak signal.
Therefore, if the price breaks below the support level of $29.2, further price decline can be seen in the upcoming days.
Technical Levels
- Support Level: $28
- Resistance Level: $42
Disclaimer
The views and opinions of the author, or anyone named in this article, are for informational purposes only. They do not offer financial, investment, or other advice. Investing or trading crypto assets involves the risk of financial loss.
