MultiSensor AI (NASDAQ:MSAI) Now Covered by D. Boral Capital

D. Boral Capital assumed coverage on shares of MultiSensor AI (NASDAQ:MSAI) in a report released on Wednesday,Benzinga reports. The firm issued a buy rating and a $2.50 price objective on the stock.

MultiSensor AI Stock Performance

Shares of MSAI stock opened at $1.24 on Wednesday. The company’s fifty day moving average price is $1.60 and its 200-day moving average price is $1.80. MultiSensor AI has a 12 month low of $1.19 and a 12 month high of $5.00.

Institutional Investors Weigh In On MultiSensor AI

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC boosted its position in shares of 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 in the last quarter. 272 Capital LP purchased a new position in MultiSensor AI during the third quarter valued at $243,000. Cherrydale Wealth Management LLC bought a new stake in MultiSensor AI in the fourth quarter worth $138,000. Verus Capital Partners LLC bought a new stake in MultiSensor AI in the third quarter worth $38,000. Finally, Citadel Advisors LLC purchased a new stake in shares of MultiSensor AI in the fourth quarter worth $25,000. Hedge funds and other 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.