JPMorgan Chase & Co. Boosts Holdings in CXApp Inc. (NASDAQ:CXAI)

JPMorgan Chase & Co. grew its position in CXApp Inc. (NASDAQ:CXAI) by 59,992.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,849 shares of the company’s stock after purchasing an additional 31,796 shares during the period. JPMorgan Chase & Co. owned approximately 0.19% of CXApp worth $54,000 as of its most recent SEC filing.

CXApp Stock Down 1.3 %

CXApp stock opened at $1.49 on Tuesday. The stock’s 50 day moving average price is $1.77 and its 200 day moving average price is $1.79. CXApp Inc. has a one year low of $1.09 and a one year high of $7.07. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.45 and a quick ratio of 0.45.

CXApp (NASDAQ:CXAI) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.08). The firm had revenue of $1.90 million during the quarter. CXApp had a negative net margin of 751.90% and a negative return on equity of 281.11%.

CXApp Profile

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.