BrainChip (OTCMKTS:BRCHF) Trading Down 11.9% – Should You Sell?

Shares of BrainChip Holdings Ltd (OTCMKTS:BRCHFGet Free Report) were down 11.9% on Monday . The company traded as low as $0.16 and last traded at $0.19. Approximately 225,854 shares were traded during trading, a decline of 21% from the average daily volume of 284,320 shares. The stock had previously closed at $0.21.

BrainChip Price Performance

The firm has a 50-day moving average price of $0.21 and a 200-day moving average price of $0.17.

About BrainChip

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BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focuses on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.

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