MultiSensor AI (NASDAQ:MSAI) Stock Price Up 2.8% – What’s Next?

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) traded up 2.8% during mid-day trading on Friday . The stock traded as high as $0.89 and last traded at $0.89. 12,058 shares were traded during mid-day trading, a decline of 96% from the average session volume of 312,432 shares. The stock had previously closed at $0.87.

Analyst Ratings Changes

Separately, D. Boral Capital restated a “buy” rating and set a $2.50 price target on shares of MultiSensor AI in a research note on Tuesday, April 1st.

MultiSensor AI Trading Down 1.4 %

The firm’s fifty day moving average is $1.19 and its 200-day moving average is $1.59.

Institutional Trading of MultiSensor AI

Several hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its position in 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 acquiring an additional 77,497 shares in the last quarter. Cherrydale Wealth Management LLC purchased a new position in shares of MultiSensor AI in the 4th quarter valued at about $138,000. 272 Capital LP purchased a new stake in MultiSensor AI during the third quarter worth about $243,000. Finally, Citadel Advisors LLC purchased a new stake in shares of MultiSensor AI during the 4th quarter worth approximately $25,000. 82.32% of the stock is owned by institutional investors and hedge funds.

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.