Braiin (NASDAQ:BRAI) Shares Gap Down – Here’s What Happened

Braiin Ltd (NASDAQ:BRAIGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $6.12, but opened at $5.64. Braiin shares last traded at $5.7510, with a volume of 1,291 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BRAI. Zacks Research upgraded shares of Braiin to a “hold” rating in a report on Tuesday, June 16th. Maxim Group started coverage on Braiin in a report on Monday, June 15th. They issued a “buy” rating and a $10.00 price target for the company. Wall Street Zen upgraded Braiin from a “sell” rating to a “hold” rating in a report on Sunday, May 31st. Finally, Weiss Ratings initiated coverage on Braiin in a report on Wednesday, May 6th. They issued a “sell (e+)” rating for the company. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Braiin has an average rating of “Hold” and a consensus price target of $10.00.

View Our Latest Stock Analysis on BRAI

Braiin Price Performance

The company has a 50 day simple moving average of $7.82.

Braiin Company Profile

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Braiin Limited is an Australian technology company leveraging proprietary intellectual property and patented artificial intelligence/machine learning (“AI/ML”) technologies to deliver actionable insights across high-growth verticals: Agriculture, Property Technology, and Customer Experience as a Service (“CXaaS”). Our platforms are designed to address inefficiencies and drive data-backed decision-making across traditionally analog sectors. Our first commercial focus is on the agriculture technology sector, where we have successfully deployed our AI-powered solutions across multiple implementations.

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