Guardforce AI (NASDAQ:GFAI) Stock Price Down 3.8% – Time to Sell?

Guardforce AI Co., Limited (NASDAQ:GFAI) traded down 3.8% on Wednesday . The company traded as low as $0.4346 and last traded at $0.4406. 382,142 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 572,568 shares. The stock had previously closed at $0.4579.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Guardforce AI in a research report on Monday, December 29th. Wall Street Zen cut shares of Guardforce AI from a “hold” rating to a “sell” rating in a report on Sunday, November 16th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Guardforce AI currently has a consensus rating of “Hold” and an average target price of $4.50.

Guardforce AI Stock Down 3.8%

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 business’s 50 day moving average is $0.60 and its 200-day moving average is $0.88.

Institutional Trading of Guardforce AI

A hedge fund recently raised its stake in Guardforce AI stock. Renaissance Technologies LLC raised its holdings in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) by 26.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 347,700 shares of the company’s stock after acquiring an additional 71,800 shares during the quarter. Renaissance Technologies LLC owned approximately 1.65% of Guardforce AI worth $194,000 as of its most recent filing with the SEC. 2.04% of the stock is owned by institutional investors and hedge funds.

About Guardforce AI

Guardforce AI Limited (NASDAQ:GFAI) is a developer of AI-powered robotics and automation solutions for security, health and service applications. Its offerings include autonomous patrol robots equipped with advanced computer vision and sensor fusion capabilities, disinfection robots utilizing UV and spray systems, and last-mile delivery units, all coordinated through a proprietary cloud-based management platform. These integrated solutions enable clients to enhance physical security, improve hygiene standards and optimize operational efficiency.

Established in 2021 and publicly listed on the Nasdaq stock exchange, Guardforce AI leverages its engineering expertise in machine learning algorithms and real-time analytics to meet the evolving needs of industries such as manufacturing, logistics, retail, healthcare and public infrastructure.