BrainChip (OTCMKTS:BRCHF) Stock Price Down 7.1%

BrainChip Holdings Ltd (OTCMKTS:BRCHFGet Free Report) dropped 7.1% during mid-day trading on Monday . The stock traded as low as 0.12 and last traded at 0.13. Approximately 155,000 shares changed hands during mid-day trading, an increase of 44% from the average daily volume of 107,596 shares. The stock had previously closed at 0.14.

BrainChip Stock Performance

The company has a 50 day simple moving average of 0.13 and a two-hundred day simple moving average of 0.21.

BrainChip Company Profile

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BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence (AI) and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focus on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.

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