Guardforce AI (NASDAQ:GFAI – Get Free Report) posted its earnings results on Wednesday. The company reported ($0.05) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $9.14 million for the quarter.
Guardforce AI Price Performance
Shares of Guardforce AI stock traded down $0.00 during midday trading on Wednesday, reaching $0.34. The company had a trading volume of 90,254 shares, compared to its average volume of 1,194,601. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.31 and a current ratio of 5.32. Guardforce AI has a 1-year low of $0.31 and a 1-year high of $1.30. The stock has a fifty day simple moving average of $0.36 and a 200 day simple moving average of $0.43.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Guardforce AI in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Guardforce AI has an average rating of “Sell”.
Institutional Trading of Guardforce AI
An institutional investor recently raised its position in Guardforce AI stock. Renaissance Technologies LLC boosted its holdings in Guardforce AI Co., Limited (NASDAQ:GFAI – Free Report) by 13.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 395,200 shares of the company’s stock after acquiring an additional 47,500 shares during the period. Renaissance Technologies LLC owned 1.62% of Guardforce AI worth $177,000 as of its most recent filing with the Securities and Exchange Commission. 2.04% of the stock is currently owned by institutional investors and hedge funds.
Guardforce AI Company Profile
Guardforce AI Co, Limited (NASDAQ:GFAI) is a technology and security services company focused on combining traditional security operations with artificial intelligence and robotics. Its activities include security services and technology-enabled solutions designed for commercial, institutional and other business customers.
The company has offered services such as manned guarding, cash-in-transit operations, alarm monitoring, electronic security systems and security consulting. It has also developed and marketed robotic solutions for applications including delivery, reception, disinfection, education, retail and care-related environments.
Guardforce AI has historical roots in the Asian security-services industry and has expanded its business toward AI and robotics.
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