MultiSensor AI (NASDAQ:MSAI – Get Free Report)‘s stock had its “buy” rating restated by stock analysts at D. Boral Capital in a note issued to investors on Tuesday,Benzinga reports. They presently have a $2.50 price target on the stock. D. Boral Capital’s price target indicates a potential upside of 175.94% from the stock’s previous close.
MultiSensor AI Stock Performance
Shares of MultiSensor AI stock traded down $0.02 on Tuesday, hitting $0.91. 58,043 shares of the company traded hands, compared to its average volume of 318,434. MultiSensor AI has a 12-month low of $0.80 and a 12-month high of $3.49. The firm’s 50-day simple moving average is $1.31 and its 200 day simple moving average is $1.66.
Institutional Trading of MultiSensor AI
Several hedge funds have recently added to or reduced their stakes in MSAI. Geode Capital Management LLC increased its stake in MultiSensor AI by 39.1% in the 4th quarter. Geode Capital Management LLC now owns 179,686 shares of the company’s stock worth $331,000 after purchasing an additional 50,497 shares during the period. 272 Capital LP bought a new position in shares of MultiSensor AI in the third quarter worth approximately $243,000. Cherrydale Wealth Management LLC purchased a new position in shares of MultiSensor AI in the fourth quarter worth $138,000. Finally, Citadel Advisors LLC bought a new stake in MultiSensor AI during the 4th quarter valued at $25,000. 82.32% of the stock is owned by institutional investors.
MultiSensor AI Company Profile
MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.
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