CXApp Inc. (NASDAQ:CXAI) Holdings Boosted by Geode Capital Management LLC

Geode Capital Management LLC raised its stake in CXApp Inc. (NASDAQ:CXAI) by 11.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 137,913 shares of the company’s stock after acquiring an additional 14,601 shares during the period. Geode Capital Management LLC owned 0.84% of CXApp worth $251,000 as of its most recent SEC filing.

Separately, JPMorgan Chase & Co. lifted its holdings in shares of CXApp by 59,992.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 31,849 shares of the company’s stock worth $54,000 after purchasing an additional 31,796 shares during the last quarter. Institutional investors and hedge funds own 14.41% of the company’s stock.

CXApp Price Performance

Shares of CXAI opened at $1.17 on Friday. CXApp Inc. has a 12 month low of $0.76 and a 12 month high of $4.06. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.45 and a quick ratio of 0.45. The stock has a fifty day moving average price of $1.03 and a 200 day moving average price of $1.43. The company has a market cap of $23.17 million, a P/E ratio of -0.96 and a beta of 1.02.

CXApp (NASDAQ:CXAI) last released its quarterly earnings results on Monday, April 7th. The company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.02. The business had revenue of $2.00 million during the quarter, compared to analyst estimates of $2.00 million. CXApp had a negative net margin of 751.90% and a negative return on equity of 281.11%.

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.