SAIHEAT (NASDAQ:SAIH) Stock Price Down 3.1% – Should You Sell?

SAIHEAT Limited (NASDAQ:SAIH) shares traded down 3.1% on Friday . The stock traded as low as $12.50 and last traded at $12.6950. 1,898 shares were traded during trading, a decline of 20% from the average session volume of 2,365 shares. The stock had previously closed at $13.10.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SAIHEAT in a research report on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

SAIHEAT Trading Down 3.1%

The stock’s fifty day moving average price is $11.53 and its 200-day moving average price is $9.51.

SAIHEAT (NASDAQ:SAIH) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.97) EPS for the quarter. The company had revenue of $0.34 million for the quarter.

SAIHEAT Company Profile

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.