iLearningEngines Inc. (NASDAQ:AILE) does about 2.78M shares in volume on a normal day but saw 7527372 shares change hands in the recent trading day. The company now has a market cap of 248.46M USD. Its current market price is $1.76, marking an increase of 27.54% compared to the previous close of $1.38. The 52 week high reached by this stock is $20.00 whilst the lowest price level in 52 weeks is $0.71.
iLearningEngines Inc. (AILE) has a 20-day trading average at $1.6755 and the current price is -91.20% off the 52-week high compared with 148.48% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.8931 and its 200-day simple moving average is $8.3560. If we look at the stock’s price movements over the week, volatility stands at 20.29%, which increases to 24.73% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 39.29 to suggest the stock is neutral.
The consensus objective for the share price is $18.00, suggesting that the stock has a potential upside of 90.22% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 01, 2024 when Northland Capital initiated the stock to “Outperform” and issued a price target of $21.
The current price level is -0.82%, -65.06%, and -79.05% away from its SMA20, SMA50, and SMA200 respectively, with the AILE price moving above the 50-day SMA on current market day. iLearningEngines Inc. (AILE) stock is up 49.15% over the week and -55.89% over the past month. Its price is -83.19% year-to-date and -83.21% over the past year.
To reach the target analysts have set, the stock logically needs to grow 90.22 percent from here.
Outstanding shares total 141.17M with insiders holding 78.86% of the shares and institutional holders owning 5.71% of the company’s common stock. The company has a return on investment of -281.58% and return on equity of -2399.02%. The forward price to earnings ratio is 11.00. The beta has a value of 0.22. Price to book ratio is 84.98 and price to sales ratio is 1.83.
