Xiaomi (OTCMKTS:XIACF) Earns Outperform Rating from Analysts at Sanford C. Bernstein

Research analysts at Sanford C. Bernstein began coverage on shares of Xiaomi (OTCMKTS:XIACF) in a report issued on Tuesday, MarketBeat.com reports. The brokerage set an “outperform” rating on the stock.

Xiaomi Stock Performance

Shares of XIACF stock opened at $5.27 on Tuesday. Xiaomi has a fifty-two week low of $1.80 and a fifty-two week high of $7.92. The business has a fifty day simple moving average of $6.32 and a 200-day simple moving average of $4.74.

About Xiaomi

Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.