Guardforce AI (NASDAQ:GFAI) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of Guardforce AI (NASDAQ:GFAI) from a hold rating to a sell rating in a research note released on Sunday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Guardforce AI in a research report on Thursday, November 13th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $4.50.

Guardforce AI Stock Down 6.4%

GFAI opened at $0.76 on Friday. Guardforce AI has a 12 month low of $0.76 and a 12 month high of $3.88. The company has a quick ratio of 5.22, a current ratio of 5.26 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of $1.06 and a 200 day moving average of $1.12.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Guardforce AI stock. Virtu Financial LLC grew its position in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) by 43.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 35,569 shares of the company’s stock after acquiring an additional 10,753 shares during the period. Virtu Financial LLC owned about 0.20% of Guardforce AI worth $35,000 at the end of the most recent quarter. 2.04% of the stock is owned by hedge funds and other institutional investors.

Guardforce AI Company Profile

Guardforce AI Co, Limited offers cash solutions and cash handling services in Thailand. The company operates through four segments: Secured Logistics Business, General Security Solutions, Robotics Solution Business, and Information Security Business. Its services include cash-in-transit, vehicles to banks, ATM management, cash center operations, cash processing, coin processing, consolidate cash center, and cheque center services, as well as cash deposit machine solutions, such as cash deposit management and express cash services.