MultiSensor AI (NASDAQ:MSAI) Coverage Initiated by Analysts at Roth Mkm

Roth Mkm began coverage on shares of MultiSensor AI (NASDAQ:MSAI) in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage issued a buy rating and a $8.00 price target on the stock.

MultiSensor AI Stock Performance

Shares of NASDAQ MSAI opened at $2.91 on Monday. MultiSensor AI has a 12-month low of $1.89 and a 12-month high of $14.00. The company has a fifty day moving average of $2.66.

Institutional Trading of MultiSensor AI

A hedge fund recently bought a new stake in MultiSensor AI stock. Sanders Morris Harris LLC acquired a new stake in MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 445,195 shares of the company’s stock, valued at approximately $1,006,000. Sanders Morris Harris LLC owned approximately 8.59% of MultiSensor AI at the end of the most recent quarter. Institutional investors own 82.32% of the company’s stock.

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.