Guardforce AI Co. Limited (NASDAQ:GFAI) does about 1.26M shares in volume on a normal day but saw 2597823 shares change hands in Monday trading. The company now has a market cap of 7.19M USD. Its current market price is $0.17, marking an increase of 5.70% compared to the previous close of $0.17. The 52 week high reached by this stock is $1.96 whilst the lowest price level in 52 weeks is $0.12. The script in recent trading has seen the stock touch a high of $0.1789 and a low of $0.16.
Guardforce AI Co. Limited (GFAI) has a 20-day trading average at $0.1594 and the current price is -91.10% off the 52-week high compared with 48.30% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1712 and its 200-day simple moving average is $0.3618. If we look at the stock’s price movements over the week, volatility stands at 15.99%, which decreases to 15.97% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 52.19 to suggest the stock is neutral.
1 analysts observing the Guardforce AI Co. Limited (GFAI) stock have set the 12-month price targets for the company’s shares at between $1.00 and $1.00. The consensus objective for the share price is $1.00, suggesting that the stock has a potential upside of 83.0% over the period. The median price target is 83.0% away from the current levels at $1.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The current price level is 10.32%, 1.63%, and -52.79% away from its SMA20, SMA50, and SMA200 respectively, with the GFAI price moving below the 50-day SMA on January 23. Guardforce AI Co. Limited (GFAI) stock is down -20.55% over the week and 11.79% over the past month. Its price is 37.54% year-to-date and -84.00% over the past year.
The company’s next earnings report is expected on 05/31/2023.
Its 12-month price target is $1.00. To reach the target analysts have set, the stock logically needs to grow 83.0 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $1.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $1.00.
Outstanding shares total 35.24M with insiders holding 37.11% of the shares and institutional holders owning 0.53% of the company’s common stock. The company has a return on investment of -9.60%. Price to book ratio is 0.21 and price to sales ratio is 0.21.