Core AI (NASDAQ:CHAI – Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.08) EPS for the quarter, FiscalAI reports. The company had revenue of $22.35 million during the quarter. Core AI had a negative return on equity of 142.15% and a negative net margin of 50.81%.
Core AI Price Performance
Core AI stock opened at $0.25 on Friday. The stock has a market capitalization of $5.07 million, a PE ratio of -0.13 and a beta of 2.02. Core AI has a 12 month low of $0.25 and a 12 month high of $15.68. The business has a 50 day simple moving average of $0.46 and a 200-day simple moving average of $1.00.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of Core AI from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Core AI stock. Geode Capital Management LLC purchased a new position in Core AI Holdings (NASDAQ:CHAI – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,069 shares of the company’s stock, valued at approximately $25,000. Geode Capital Management LLC owned approximately 0.08% of Core AI as of its most recent filing with the Securities and Exchange Commission. 9.87% of the stock is currently owned by hedge funds and other institutional investors.
About Core AI
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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