MultiSensor AI (NASDAQ:MSAI) Receives New Coverage from Analysts at Roth Mkm

Roth Mkm initiated coverage on shares of MultiSensor AI (NASDAQ:MSAI) in a research note published on Monday morning, MarketBeat reports. The firm issued a buy rating and a $8.00 target price on the stock.

MultiSensor AI Stock Performance

NASDAQ:MSAI opened at $2.70 on Monday. The business’s 50-day simple moving average is $2.71. MultiSensor AI has a 52 week low of $1.89 and a 52 week high of $14.00.

Hedge Funds Weigh In On MultiSensor AI

An institutional investor recently bought a new position in MultiSensor AI stock. Sanders Morris Harris LLC purchased a new stake in MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 445,195 shares of the company’s stock, valued at approximately $1,006,000. Sanders Morris Harris LLC owned about 8.59% of MultiSensor AI at the end of the most recent quarter. Institutional investors own 82.32% of the company’s stock.

MultiSensor AI Company Profile

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.