Guardforce AI (NASDAQ:GFAI) Stock Price Up 1% – What’s Next?

Guardforce AI Co., Limited (NASDAQ:GFAI) rose 1% during mid-day trading on Wednesday . The company traded as high as $1.05 and last traded at $1.02. Approximately 156,744 shares traded hands during trading, a decline of 85% from the average daily volume of 1,021,462 shares. The stock had previously closed at $1.01.

Guardforce AI Trading Up 1.0 %

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 fifty day moving average is $1.07 and its 200 day moving average is $1.30.

Institutional Trading of Guardforce AI

Several institutional investors and hedge funds have recently modified their holdings of GFAI. Squarepoint Ops LLC purchased a new position in shares of Guardforce AI during the 4th quarter valued at about $27,000. Virtu Financial LLC bought a new position in shares of Guardforce AI during the 4th quarter valued at $35,000. Millennium Management LLC purchased a new position in Guardforce AI in the 4th quarter worth $36,000. Finally, Renaissance Technologies LLC boosted its position in Guardforce AI by 305.5% during the fourth quarter. Renaissance Technologies LLC now owns 96,500 shares of the company’s stock valued at $138,000 after buying an additional 72,700 shares during the period. Hedge funds and other institutional investors own 2.04% of the company’s stock.

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.