SAIHEAT Limited (NASDAQ:SAIH – Get Free Report)’s stock price fell 1.5% during trading on Thursday . The stock traded as low as $11.19 and last traded at $11.55. 2,828 shares traded hands during trading, an increase of 22% from the average session volume of 2,311 shares. The stock had previously closed at $11.72.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SAIHEAT in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
View Our Latest Stock Analysis on SAIHEAT
SAIHEAT Stock Performance
SAIHEAT (NASDAQ:SAIH – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported ($0.97) earnings per share (EPS) for the quarter. The business had revenue of $0.34 million for the quarter.
About SAIHEAT
SAIHEAT Limited engages in the development of liquid-cooling data centers. It develops technologies for the advanced computing center ecosystem, a center that provides high-performance servers, liquid cooling, and systems for capturing and recycling computing heat. The company was formerly known as SAI.TECH Global Corporation and changed its name to SAIHEAT Limited in August 2024. SAIHEAT Limited was founded in 2019 and is headquartered in Singapore.
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