What kind of stock is AITX? AITX stock is an acronym for artificial intelligence technology solutions. The company is based in San Francisco, California. Its stock is traded on the Nasdaq Global Select Market (NYSE:AIT). Shares of AITX are listed under the symbol “AITX.” The name of the stock reflects the industry in which the company operates. It is traded on the NYSE under the ticker symbol “AITX.”
Price/Sales and Price/Cash
AITX’s stock price reflects the value of each share. Several indicators are used to gauge a stock’s performance. The Shares Outstanding measure the total number of common shares outstanding. Annual Sales and Net Income are the annual sales and earnings per share, respectively. The 60-Month Beta is used to determine the volatility of a stock compared to the market. It is calculated by regressing the stock’s return over the last 60 months onto the S&P 500. Other indicators include Price/Sales and Price/Cash Flow.
Zacked Investment Research
The following are some basic statistics about AITX. The number of common shares outstanding is a key measurement. The company’s annual sales and income is also a vital indicator. The Company’s fundamental company data is provided by Zacks Investment Research. You can use these metrics to analyze AITX’s overall performance. The information on this page is for informational purposes only. c data is provided by Zacked Investment Research.
Is AITX Stock a Good Buy?
AITX is a company that provides artificial intelligence solutions to customers. The company focuses on AI driven hardware technologies and multi-use hardware. Its revenue in the third quarter of 2021 was $373,000, with an operating income of -$4.69 million and a net profit margin of -1897 percent. Founded by Brad Smith in 2013, AITX has grown significantly over the past few years.
Artificial Intelligence Software
This company provides artificial intelligence software to various clients. Consequently, it has a B-grade rating. AITX stocks are updated every five minutes and are a solid investment opportunity for the long term. However, investors should be aware that AITX stocks are volatile and may fall in value in the future. Therefore, it is important to carefully monitor AITX stock prices before investing. This is because the price may drop radically and the future is uncertain.
Bullish Trend
The price of AITX stock is below $0.01. This is a bearish move that started in February last year. It is currently trading within support and resistance levels of $0.001 and $0.28. The stock’s price is poised to drop further. The current price is more than 99 percent below its 2018 price. Despite this recent bullish trend, AITX isn’t a great buy at the moment.
Who Owns AITX Stock?
In December 2018, Artifical Intelligence Technology Solutions Inc. filed its most recent 13D/G and 13F forms with the Securities and Exchange Commission (SEC). These filings list the current ownership positions of the company, as well as the names of the largest shareholders. The top shareholders of AITX are Baxter Bros Inc., MAI Capital Management, Captrust Financial Advisors, and Williams Jones Wealth Management, LLC.
AITX Operates
AITX was founded in 1988, and after acquiring the business assets of ACF Industries, it began expanding in railcar repair. In addition to manufacturing components for railcars, AITX also offered fleet management services. In 1999, AITX started manufacturing tank cars and hopper cars.
ACF Industries
The company grew in railcar repair by purchasing business assets from ACF Industries. In addition to providing railcar repair services, the company also manufactured and provided painting services. In 1999, AITX began manufacturing hopper and tank cars. As of 2016, the company currently manages over 16,000 covered and uncovered hopper cars and tanks. They serve the petroleum, chemical, food, and plastic pellet markets.
Publically-Traded Stock
The company has an impressive track record of success. The company has been listed on the S&P 500 since 2012. During the past two years, AITX has consistently performed well in the S&P 500. The company is a publically-traded stock, so there is no need to worry about the AITX’s future. In this day and age, it is important to understand who owns AITX.
Artificial Intelligence Technology Solutions Inc (AITX)
Artificial Intelligence Technology Solutions, Inc. (AITX) filed a Form S-3 with the Securities and Exchange Commission to raise $30 million over the next 36 months. The company plans to sell 350 million of its common shares in this raise. This is a reasonable amount of shares as it represents 8.75% of the company’s total outstanding shares. The money raised from this raise will be used to fund the company’s growth and help with its ongoing operations.
Company’s Product
The company’s product, Wally, is a health screening device that is based on a computer model. The market potential for this product is limited. The company reported revenues of $0.12 million for the quarter ended November 2020. The company booked a $ 0.9 million loss for its operations. However, this figure does not reflect its profitability. The company’s general and administrative expenses have resulted in a net loss of $0.7 million. The stock has a low book value and negative working capital, indicating that it is more expensive than its peers.
Growth Potential
Despite this growth potential, it has limited profitability and is therefore a poor investment. Its sales in November 2020 were just $0.12 million, a gross profit margin of almost 80%. In addition, the company recorded a $ 0.9 million loss from operations, which is indicative of high general and administrative expenses. Additionally, its finances show low assets, with negative working capital and a negative book value.
Is AITX an OTC Stock?
Artifical Intelligence Technology Solutions Inc. is a privately held company that is headquartered in San Diego, California. The company has a market cap of $1.1 billion. There are only two shareholders on the AITX board. However, the company has attracted significant interest from retail investors. Indeed, it has its own subreddit, with 3.7k members, and has received several positive reviews.
Artificial Intelligence Software
This artificial intelligence software company’s institutional ownership structure is easy to find. Its shareholders include hedge funds, mutual funds, and individual investors. According to its annual report, a major shareholder holds at least 5% of the company.The schedules will tell you whether or not the shareholder owns more than five percent of the stock.
U.S. Company
AITX is a U.S. company focused on AI and robotics. It also offers front-end software solutions for various industries. Currently, the stock is trading for $0.0182 USD. If you want to buy shares of the company, you’ll have to purchase them at least two business days before the date of record. You can also open an account with a brokerage firm that offers U.S. stock market access.
