Braiin Ltd (NASDAQ:BRAI – Get Free Report)’s stock price was down 9% during mid-day trading on Tuesday . The stock traded as low as $5.78 and last traded at $5.8490. 141,209 shares changed hands during trading, a decline of 55% from the average daily volume of 312,183 shares. The stock had previously closed at $6.43.
Wall Street Analysts Forecast Growth
BRAI has been the subject of several recent analyst reports. Zacks Research raised Braiin to a “hold” rating in a research report on Tuesday, June 16th. Maxim Group initiated coverage on Braiin in a research note on Monday, June 15th. They issued a “buy” rating and a $10.00 price objective for the company. Wall Street Zen upgraded Braiin from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st. Finally, Weiss Ratings began coverage on Braiin in a research note on Wednesday, May 6th. They set a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $10.00.
View Our Latest Research Report on Braiin
Braiin Trading Down 2.4%
About Braiin
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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