iLearningEngines Inc. (NASDAQ:AILE) does about 2.96M shares in volume on a normal day but saw 1027586 shares change hands in the recent trading day. The company now has a market cap of 191.99M USD. Its current market price is $1.36, marking an increase of 2.26% compared to the previous close of $1.33. 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 $1.4840 and the current price is -93.20% off the 52-week high compared with 92.01% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.0033 and its 200-day simple moving average is $7.8206. If we look at the stock’s price movements over the week, volatility stands at 11.08%, which increases to 22.63% 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 35.46 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 92.44% 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 -8.36%, -54.72%, and -82.61% 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 down -12.26% over the week and 87.53% over the past month. Its price is -87.01% year-to-date and -87.06% over the past year.
To reach the target analysts have set, the stock logically needs to grow 92.44 percent from here.
The company has a return on investment of -281.58% and return on equity of -2399.02%. The forward price to earnings ratio is 8.50. The beta has a value of 0.28. Price to book ratio is 65.67 and price to sales ratio is 1.42.