iLearningEngines (NASDAQ:AILE) Stock Price Up 3.8%

iLearningEngines, Inc. (NASDAQ:AILEGet Free Report)’s stock price shot up 3.8% on Wednesday . The company traded as high as $10.46 and last traded at $10.36. 100,725 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 156,201 shares. The stock had previously closed at $9.98.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Northland Securities began coverage on shares of iLearningEngines in a research note on Wednesday, May 1st. They set an “outperform” rating and a $21.00 target price for the company. Benchmark reaffirmed a “buy” rating and set a $18.00 price objective on shares of iLearningEngines in a report on Friday, May 24th.

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iLearningEngines Stock Up 7.5 %

The firm’s 50-day moving average is $7.54.

iLearningEngines Company Profile

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iLearningEngines, Inc operates AI-powered learning automation and information intelligence for corporate and educational use. The company's AI and learning automation platform is used by enterprises to productize enterprise knowledge for consumption throughout the enterprise. Its outcome-based training has deployed in regulated and detail-oriented vertical markets, such as healthcare, education, insurance, retail, oil and gas/energy, manufacturing, and government.

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