MultiSensor AI Stock to Reverse Split on Monday, April 13th (NASDAQ:MSAI)

MultiSensor AI Holdings, Inc. (NASDAQ:MSAIFree Report)’s stock is scheduled to reverse split on the morning of Monday, April 13th. The 1-40 reverse split was announced on Wednesday, April 8th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, April 10th.

MultiSensor AI Stock Performance

Shares of MultiSensor AI stock opened at $0.17 on Thursday. MultiSensor AI has a 52-week low of $0.17 and a 52-week high of $2.40. The stock’s 50-day simple moving average is $0.28 and its 200 day simple moving average is $0.51. The stock has a market capitalization of $13.30 million, a P/E ratio of -0.52 and a beta of -0.03.

MultiSensor AI (NASDAQ:MSAIGet Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.07. MultiSensor AI had a negative return on equity of 74.39% and a negative net margin of 211.01%.The business had revenue of $1.39 million for the quarter, compared to analysts’ expectations of $1.90 million. Equities research analysts forecast that MultiSensor AI will post -0.83 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on MSAI shares. Zacks Research upgraded MultiSensor AI to a “hold” rating in a research note on Friday, January 30th. Weiss Ratings restated a “sell (e+)” rating on shares of MultiSensor AI in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $3.00.

Get Our Latest Stock Analysis on MultiSensor AI

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in MSAI. Susquehanna International Group LLP purchased a new position in MultiSensor AI during the 3rd quarter valued at about $38,000. Jane Street Group LLC purchased a new position in MultiSensor AI during the 4th quarter valued at about $58,000. Ghisallo Capital Management LLC purchased a new position in MultiSensor AI during the 4th quarter valued at about $72,000. Geode Capital Management LLC grew its holdings in MultiSensor AI by 44.6% during the 4th quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock valued at $116,000 after buying an additional 124,413 shares in the last quarter. Finally, Hudson Bay Capital Management LP purchased a new stake in shares of MultiSensor AI in the fourth quarter worth $352,000. Hedge funds and other institutional investors own 82.32% of the company’s stock.

About MultiSensor AI

(Get Free Report)

MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.

Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.

Further Reading

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