Xiaomi (OTCMKTS:XIACF) Now Covered by Macquarie

Macquarie assumed coverage on shares of Xiaomi (OTCMKTS:XIACF) in a report published on Monday, StockNewsAPI reports. The firm issued an outperform rating on the stock.

Xiaomi Stock Performance

Shares of OTCMKTS:XIACF opened at $2.09 on Monday. The business has a 50 day moving average price of $1.85 and a 200 day moving average price of $1.84. Xiaomi has a twelve month low of $1.26 and a twelve month high of $2.35.

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.