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C3.ai Inc. (NYSE:AI) moved down -21.89% in a month: Spotting A Buy Candidate

C3.ai Inc. (NYSE:AI) shares fell to a low of $48.545 before closing at $51.94. Intraday shares traded counted 1.79 million, which was 56.59% higher than its 30-day average trading volume of 4.12M. AI’s previous close was $48.89 while the outstanding shares total 100.93M. The stock’s Relative Strength Index (RSI) is 33.92, with weekly volatility at 8.82% and ATR at 4.65. The AI stock’s 52-week price range has touched low of $47.22 and a $183.90 high. The stock traded higher over the last trading session, gaining 6.24% on 05/14/21.

Investors have identified the Information Technology Services company C3.ai Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.93 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Having a look at the company’s valuation, the company is expected to record -1.14 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AI sounds very interesting.

Is the stock of AI attractive?

In related news, Director, Sastry Shankar sold 50,000 shares of the company’s stock in a transaction that recorded on Apr 14. The sale was performed at an average price of 69.41, for a total value of 3,470,307. As the sale deal closes, the 10% Owner, TPG Group Holdings (SBS) Advis now sold 600,000 shares of the company’s stock, valued at 45,638,412. Also, Chief Executive Officer, SIEBEL THOMAS M sold 27,819 shares of the company’s stock in a deal that was recorded on Mar 17. The shares were price at an average price of 81.35 per share, with a total market value of 2,262,953. Following this completion of acquisition, the Chief Executive Officer, SIEBEL THOMAS M now holds 583,210 shares of the company’s stock, valued at 47,278,093. In the last 6 months, insiders have changed their ownership in shares of company stock by 14.00%.

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