Guardforce AI (NASDAQ:GFAI) Shares Down 3.7% – What’s Next?

Guardforce AI Co., Limited (NASDAQ:GFAI) shares were down 3.7% during mid-day trading on Wednesday . The stock traded as low as $0.5214 and last traded at $0.5487. Approximately 431,996 shares changed hands during trading, an increase of 50% from the average daily volume of 287,307 shares. The stock had previously closed at $0.57.

Analyst Upgrades and Downgrades

GFAI has been the subject of several analyst reports. Wall Street Zen lowered Guardforce AI from a “hold” rating to a “sell” rating in a report on Sunday, November 16th. Weiss Ratings restated a “sell (e+)” rating on shares of Guardforce AI in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Guardforce AI presently has an average rating of “Hold” and a consensus target price of $4.50.

Guardforce AI Stock Down 3.7%

The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.22 and a current ratio of 5.26. The company’s 50 day moving average is $0.72 and its 200 day moving average is $0.99.

Institutional Investors Weigh In On Guardforce AI

A hedge fund recently bought a new stake in Guardforce AI stock. Virtu Financial LLC bought a new position in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 78,058 shares of the company’s stock, valued at approximately $86,000. Virtu Financial LLC owned approximately 0.44% of Guardforce AI as of its most recent SEC filing. Institutional investors own 2.04% of the company’s stock.

Guardforce AI Company Profile

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.