SAIHEAT Limited (NASDAQ:SAIH – Get Free Report) rose 3.1% during trading on Friday . The stock traded as high as $11.39 and last traded at $11.55. Approximately 4,817 shares traded hands during mid-day trading, an increase of 116% from the average daily volume of 2,228 shares. The stock had previously closed at $11.20.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of SAIHEAT in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.
Check Out Our Latest Report on SAIHEAT
SAIHEAT Stock Performance
SAIHEAT (NASDAQ:SAIH – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.97) EPS for the quarter. The firm had revenue of $0.34 million during the quarter.
About SAIHEAT
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.
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