MultiSensor AI Holdings, Inc. (NASDAQ:MSAI – Get Free Report)’s stock price dropped 0.6% on Wednesday . The stock traded as low as $1.56 and last traded at $1.59. Approximately 39,044 shares changed hands during trading, a decline of 48% from the average daily volume of 74,415 shares. The stock had previously closed at $1.60.
MultiSensor AI Stock Down 2.5 %
The company has a 50 day moving average of $1.83 and a 200-day moving average of $1.90.
MultiSensor AI (NASDAQ:MSAI – Get Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.20). MultiSensor AI had a negative net margin of 464.06% and a negative return on equity of 668.81%. The business had revenue of $1.60 million during the quarter, compared to the consensus estimate of $4.50 million. On average, equities analysts predict that MultiSensor AI Holdings, Inc. will post -0.83 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
About MultiSensor AI
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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