MultiSensor AI (NASDAQ:MSAI) Coverage Initiated at D. Boral Capital

D. Boral Capital assumed coverage on shares of MultiSensor AI (NASDAQ:MSAI) in a research note published on Tuesday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $2.50 price target on the stock.

MultiSensor AI Stock Down 4.7 %

Shares of MultiSensor AI stock opened at $1.46 on Tuesday. MultiSensor AI has a 12-month low of $1.22 and a 12-month high of $5.00. The stock’s fifty day moving average is $1.62 and its 200-day moving average is $1.81.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC acquired a new stake in shares of MultiSensor AI during the fourth quarter valued at approximately $25,000. Geode Capital Management LLC grew its position in MultiSensor AI by 39.1% during the 4th quarter. Geode Capital Management LLC now owns 179,686 shares of the company’s stock worth $331,000 after purchasing an additional 50,497 shares in the last quarter. Cherrydale Wealth Management LLC acquired a new stake in MultiSensor AI during the 4th quarter valued at $138,000. 272 Capital LP purchased a new stake in shares of MultiSensor AI in the third quarter valued at $243,000. Finally, Verus Capital Partners LLC purchased a new stake in shares of MultiSensor AI in the third quarter valued at $38,000. 82.32% of the stock is currently owned by institutional investors and hedge funds.

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.