A share of Guardforce AI Co. Limited (NASDAQ:GFAI) closed at $0.27 per share on Monday, down from $0.28 day before. While Guardforce AI Co. Limited has underperformed by -1.40%, investors are advised to look at stock chart patterns for technical insight.
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Analysis of Guardforce AI Co. Limited (GFAI)
Further, the quarter-over-quarter decrease in sales is -11.50%, showing a negative trend in the upcoming months.
For any stock, average volume can be an extremely valuable indicator of volatility, and GFAI is registering an average volume of 3.26M. On a monthly basis, the volatility of the stock is set at 9.35%, whereas on a weekly basis, it is put at 10.24%, with a loss of -8.37% over the past seven days. Furthermore, long-term investors anticipate a median target price of $2.00, showing growth from the present price of $0.27, which can serve as yet another indication of whether GFAI is worth investing in or should be passed over.
How Do You Analyze Guardforce AI Co. Limited Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 37.12%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 0.38% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in GFAI shares?
The recent increase in stakes in GFAI appears to be a result of several institutional investors and hedge funds increasing their positions. The company now owns 111,943 shares of the stock, with a value of $50822.0, following the purchase of 111,943 additional shares during the last quarter.
GFAI shares are owned by institutional investors to the tune of 0.38% at present.