Core AI (NASDAQ:CHAI) Announces Quarterly Earnings Results

Core AI (NASDAQ:CHAI) released its earnings results on Tuesday. The company reported ($0.14) EPS for the quarter, FiscalAI reports. Core AI had a negative net margin of 55.59% and a negative return on equity of 59.58%. The company had revenue of $3.77 million for the quarter.

Core AI Stock Performance

CHAI opened at $0.71 on Thursday. Core AI has a one year low of $0.63 and a one year high of $20.72. The stock’s fifty day moving average is $1.06 and its 200-day moving average is $1.47. The company has a market capitalization of $14.14 million, a PE ratio of -0.16 and a beta of 1.99.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Core AI stock. Geode Capital Management LLC bought a new position in shares of Core AI Holdings (NASDAQ:CHAI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 15,069 shares of the company’s stock, valued at approximately $25,000. Geode Capital Management LLC owned 0.08% of Core AI as of its most recent SEC filing. Institutional investors own 9.87% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Core AI in a research note on Tuesday, May 26th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Core AI presently has an average rating of “Sell”.

About Core AI

Siyata Mobile Inc develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others. The company also develops, markets, and sells rugged Push-To-Talk (PTT), mobile devices, cellular amplifiers, and various accessories. In addition, it offers 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, navigation, and data fleet management solutions.