Core AI (NASDAQ:CHAI – Get Free Report) released its quarterly earnings results on Thursday. The company reported ($0.14) earnings per share for the quarter, Zacks reports. Core AI had a negative return on equity of 69.32% and a negative net margin of 57.19%.
Core AI Stock Performance
Core AI stock traded down $0.01 during midday trading on Thursday, hitting $0.93. 24,232 shares of the company’s stock were exchanged, compared to its average volume of 100,275. Core AI has a 12 month low of $0.92 and a 12 month high of $20.72. The firm has a 50-day moving average of $1.10 and a two-hundred day moving average of $1.69. The company has a market cap of $18.51 million, a PE ratio of -0.01 and a beta of 1.99.
Hedge Funds Weigh In On Core AI
A hedge fund recently bought a new stake in Core AI stock. Geode Capital Management LLC acquired a new stake in Core AI Holdings (NASDAQ:CHAI – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,069 shares of the company’s stock, valued at approximately $25,000. Geode Capital Management LLC owned about 0.08% of Core AI as of its most recent SEC filing. 9.87% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Core AI
Core AI Company Profile
Siyata Mobile Inc develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others. The company also develops, markets, and sells rugged Push-To-Talk (PTT), mobile devices, cellular amplifiers, and various accessories. In addition, it offers 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, navigation, and data fleet management solutions.
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