Xiaomi Co. (OTCMKTS:XIACF – Get Free Report)’s stock price was down 0.7% during mid-day trading on Thursday . The company traded as low as $6.51 and last traded at $6.62. Approximately 29,270 shares changed hands during trading, a decline of 82% from the average daily volume of 164,116 shares. The stock had previously closed at $6.67.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein assumed coverage on Xiaomi in a report on Tuesday, April 15th. They set an “outperform” rating on the stock.
View Our Latest Research Report on XIACF
Xiaomi Price Performance
Xiaomi Company Profile
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.
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