MultiSensor AI Holdings Inc. (MSAI) Shares Up Despite Recent Market Volatility

MultiSensor AI Holdings Inc. (NASDAQ: MSAI)’s stock price has gone rise by 27.56 in comparison to its previous close of 2.25, however, the company has experienced a 35.38% increase in its stock price over the last five trading days. Accesswire reported 2024-02-22 that The event will mark MSAI’s first investor-facing event as a public entity HOUSTON, TX / ACCESSWIRE / February 22, 2024 / MultiSensor AI Holdings, Inc. (NASDAQ:MSAI), a pioneer in AI-powered industrial predictive maintenance and process control solutions, announced today that it will be presenting at the 36th Annual ROTH Conference March 17-19, 2024, at The Ritz Carlton Laguna Niguel in Dana Point, California. Steve Winch, President, Peter Baird, Chief Financial Officer, and Jeff Guida, Chief Innovation Officer, will be presenting to investors, highlighting the Company’s recent commercial breakthroughs, technology upgrades, and the overarching growth strategy.

Is It Worth Investing in MultiSensor AI Holdings Inc. (NASDAQ: MSAI) Right Now?

Moreover, the 36-month beta value for MSAI is -0.31.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for MSAI is 3.29M and currently, short sellers hold a 0.52% of that float. On April 04, 2024, MSAI’s average trading volume was 185.39K shares.

MSAI’s Market Performance

MSAI stock saw a decrease of 35.38% in the past week, with a monthly decline of -0.35% and a quarterly a decrease of -8.89%. The volatility ratio for the week is 20.54%, and the volatility levels for the last 30 days are 23.62% for MultiSensor AI Holdings Inc. (MSAI). The simple moving average for the last 20 days is 8.68% for MSAI’s stock, with a simple moving average of -63.22% for the last 200 days.

MSAI Trading at 13.13% from the 50-Day Moving Average

After a stumble in the market that brought MSAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.50% of loss for the given period.

Volatility was left at 23.62%, however, over the last 30 days, the volatility rate increased by 20.54%, as shares surge +1.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.11% upper at present.

During the last 5 trading sessions, MSAI rose by +35.38%, which changed the moving average for the period of 200-days by -71.75% in comparison to the 20-day moving average, which settled at $2.64. In addition, MultiSensor AI Holdings Inc. saw -14.33% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for MSAI

Equity return is now at value -1.82, with -1.78 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.

Conclusion

To wrap up, the performance of MultiSensor AI Holdings Inc. (MSAI) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts