Guardforce AI Co. Limited (GFAI) has shown promising growth and analysts have set a target price of $14.00 for the company’s shares. During the last trading session, GFAI’s traded shares stood at 0.35 million, with the stock closing at $4.91. This represents a 1.87% increase or $0.09 in intraday trading.
Despite a 651.53% decrease from its 52-week high of $36.90, GFAI has still managed to achieve an impressive 22.4% increase since reaching its 52-week low of $3.81. With a valuation of $33.58 million, the company has seen an average trading volume of 1.03 million shares over the past 10 days and 4.46 million shares over the past 3 months.
Analysts have given Guardforce AI Co. Limited a consensus recommendation of Buy, with a mean rating of 2.00. Out of the 1 analyst looking at the stock, none have given it a Sell rating. While there are no Overweight ratings, 1 analyst advises to Hold the stock, and 0 analysts recommend it as a Buy. There have been no Underweight ratings. The estimated earnings per share for the current quarter is $0.
In terms of recent performance, GFAI has experienced a 1.87% increase in the last session, but has traded negatively over the past five days. The stock reached a weekly high of $5.24 on Friday, 08/11/23, with a 1.87% intraday price jump. The 5-day price performance sits at -4.10%, but has seen a positive trend of 9.11% over the past 30 days. Year-to-date, the price performance stands at -3.19%. Short interest in GFAI saw 0.72 million shares transacted, with a time to cover of 0.08 days.
Wall Street analysts suggest a consensus price target of $14.00 for GFAI, which indicates a potential increase of 64.93% from the stock’s current value. The target low and high prices are both $14.00. Currently, GFAI is trading -185.13% below the suggested target high and -185.13% from its likely low.
Guardforce AI Co. Limited is scheduled to release its next earnings report in September. However, it is important to consider that the dividend yield ratio is only an indicator and should not be the sole basis for investment decisions. Investors interested in the stock should also consider the company’s fundamental and operational aspects. GFAI currently has a forward dividend ratio of 0, with a share yield of 0.00% that has been rising over the past year. The average trailing dividend yield for the company over the past 5 years is 0.00%.
Insiders of Guardforce AI Co. Limited hold 0.85% of the total outstanding shares, while institutional holders own 0.00% of the shares with a 0.00% float percentage. In total, 0.00% of institutions hold shares in the company, with Bank of Montreal/Can/ being the leading institutional holder. As of June 29, 2023, the company held over 10,000.0 shares, accounting for approximately $50,400.0.
In conclusion, Guardforce AI Co. Limited (GFAI) has displayed promising growth and has received a positive consensus recommendation from analysts. While the stock has had some fluctuations, it has the potential for significant future growth according to the price target set by analysts. Investors should carefully consider the company’s fundamentals and operations before making any investment decisions.
