Guardforce AI (NASDAQ:GFAI) Stock Price Up 8% – What’s Next?

Guardforce AI Co., Limited (NASDAQ:GFAI)’s stock price was up 8% during trading on Friday . The stock traded as high as $2.52 and last traded at $2.30. Approximately 3,297,069 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 15,865,035 shares. The stock had previously closed at $2.13.

Analyst Upgrades and Downgrades

Separately, EF Hutton Acquisition Co. I upgraded Guardforce AI to a “strong-buy” rating in a report on Tuesday, October 1st.

Guardforce AI Price Performance

The company has a quick ratio of 3.36, a current ratio of 3.42 and a debt-to-equity ratio of 0.01. The business’s 50-day moving average is $1.36 and its two-hundred day moving average is $1.49.

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.