Core AI (NASDAQ:CHAI) Posts Quarterly Earnings Results

Core AI (NASDAQ:CHAIGet Free Report) announced its quarterly earnings data on Monday. The company reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. Core AI had a negative return on equity of 123.03% and a negative net margin of 78.92%.

Core AI Stock Down 5.4%

Shares of Core AI stock traded down $0.02 during trading on Monday, reaching $0.28. The company’s stock had a trading volume of 279,804 shares, compared to its average volume of 3,687,441. The company has a market cap of $5.56 million, a price-to-earnings ratio of -0.06 and a beta of 2.03. The company has a 50-day simple moving average of $0.64 and a two-hundred day simple moving average of $1.08. Core AI has a 1-year low of $0.27 and a 1-year high of $15.68.

Institutional Investors Weigh In On Core AI

An institutional investor recently bought a new position in Core AI stock. Geode Capital Management LLC acquired a new stake in shares of Core AI Holdings (NASDAQ:CHAIFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,069 shares of the company’s stock, valued at approximately $25,000. Geode Capital Management LLC owned about 0.08% of Core AI at the end of the most recent reporting period. Institutional investors own 9.87% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Core AI from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Read Our Latest Stock Report on CHAI

About Core AI

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Siyata Mobile Inc develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others. The company also develops, markets, and sells rugged Push-To-Talk (PTT), mobile devices, cellular amplifiers, and various accessories. In addition, it offers 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, navigation, and data fleet management solutions.

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Earnings History for Core AI (NASDAQ:CHAI)

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