MultiSensor AI (NASDAQ:MSAI) Given Buy Rating at D. Boral Capital

D. Boral Capital reiterated their buy rating on shares of MultiSensor AI (NASDAQ:MSAI) in a research note issued to investors on Tuesday,Benzinga reports. D. Boral Capital currently has a $2.50 price target on the stock.

MultiSensor AI Stock Down 3.3 %

NASDAQ:MSAI opened at $0.95 on Tuesday. The firm’s 50-day moving average price is $1.26 and its 200-day moving average price is $1.64. MultiSensor AI has a 1-year low of $0.80 and a 1-year high of $3.49.

Hedge Funds Weigh In On MultiSensor AI

A number of institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC grew its stake in shares of MultiSensor AI by 149.9% during the 3rd quarter. Geode Capital Management LLC now owns 129,189 shares of the company’s stock valued at $279,000 after acquiring an additional 77,497 shares during the period. Cherrydale Wealth Management LLC purchased a new stake in shares of MultiSensor AI in the fourth quarter worth $138,000. 272 Capital LP bought a new stake in shares of MultiSensor AI during the 3rd quarter valued at $243,000. Finally, Citadel Advisors LLC purchased a new position in shares of MultiSensor AI during the 4th quarter valued at $25,000. 82.32% of the stock is currently owned by hedge funds and other institutional investors.

About MultiSensor AI

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.