MultiSensor AI Holdings, Inc. (NASDAQ:MSAI – Get Free Report) shares dropped 1.1% during mid-day trading on Thursday . The stock traded as low as $0.88 and last traded at $0.90. Approximately 14,677 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 312,502 shares. The stock had previously closed at $0.91.
Analyst Ratings Changes
Separately, D. Boral Capital reissued a “buy” rating and set a $2.50 target price on shares of MultiSensor AI in a research note on Tuesday, April 1st.
Read Our Latest Stock Report on MultiSensor AI
MultiSensor AI Trading Down 3.3 %
Institutional Investors Weigh In On MultiSensor AI
Hedge funds and other institutional investors have recently modified their holdings of the stock. Citadel Advisors LLC bought a new position in shares of MultiSensor AI during the fourth quarter valued at approximately $25,000. Cherrydale Wealth Management LLC acquired a new stake in MultiSensor AI in the fourth quarter worth $138,000. 272 Capital LP acquired a new position in MultiSensor AI during the 3rd quarter valued at about $243,000. Finally, Geode Capital Management LLC grew its stake in shares of MultiSensor AI by 149.9% in the third quarter. Geode Capital Management LLC now owns 129,189 shares of the company’s stock worth $279,000 after purchasing an additional 77,497 shares in the last quarter. Institutional investors own 82.32% of the company’s stock.
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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