MultiSensor AI (NASDAQ:MSAI) Stock Price Up 1.1% – Should You Buy?

Shares of MultiSensor AI Holdings, Inc. (NASDAQ:MSAIGet Free Report) were up 1.1% during trading on Friday . The stock traded as high as $0.84 and last traded at $0.84. Approximately 35,690 shares were traded during trading, a decline of 89% from the average daily volume of 313,852 shares. The stock had previously closed at $0.83.

Analyst Ratings Changes

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

Check Out Our Latest Research Report on MultiSensor AI

MultiSensor AI Stock Up 1.1 %

The company has a fifty day simple moving average of $1.14 and a two-hundred day simple moving average of $1.55.

Institutional Investors Weigh In On MultiSensor AI

A number of large investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in shares of MultiSensor AI by 149.9% during the 3rd 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 during the period. Cherrydale Wealth Management LLC acquired a new position in MultiSensor AI during the fourth quarter valued at approximately $138,000. 272 Capital LP bought a new stake in MultiSensor AI during the third quarter worth $243,000. Finally, Citadel Advisors LLC acquired a new stake in shares of MultiSensor AI in the 4th quarter valued at $25,000. 82.32% of the stock is currently owned by institutional investors and hedge funds.

About MultiSensor AI

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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.

Further Reading

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