SAIHEAT (NASDAQ:SAIH) Stock Price Down 0.4% – Here’s Why

SAIHEAT Limited (NASDAQ:SAIHGet Free Report) was down 0.4% during trading on Friday . The stock traded as low as $7.86 and last traded at $8.07. Approximately 2,774 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 6,847 shares. The stock had previously closed at $8.10.

Analyst Ratings Changes

Several equities analysts recently issued reports on SAIH shares. Wall Street Zen upgraded SAIHEAT to a “hold” rating in a report on Friday, September 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of SAIHEAT in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Get Our Latest Analysis on SAIH

SAIHEAT Price Performance

The stock has a 50 day moving average price of $8.63 and a two-hundred day moving average price of $8.58.

About SAIHEAT

(Get Free Report)

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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