iLearningEngines Inc. (NASDAQ:AILE) does about 3.01M shares in volume on a normal day but saw 3708153 shares change hands in the recent trading day. The company now has a market cap of 227.28M USD. Its current market price is $1.61, marking an increase of 26.77% compared to the previous close of $1.27. 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 $1.5000 and the current price is -91.95% off the 52-week high compared with 127.30% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.4827 and its 200-day simple moving average is $7.6377. If we look at the stock’s price movements over the week, volatility stands at 16.85%, which decreases to 16.26% 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 45.38 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 91.06% 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 7.33%, -35.15%, and -78.92% 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 21.05% over the week and 36.44% over the past month. Its price is -84.62% year-to-date and -84.72% over the past year.
To reach the target analysts have set, the stock logically needs to grow 91.06 percent from here.
Outstanding shares total 141.17M with insiders holding 78.86% of the shares and institutional holders owning 5.58% 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 10.06. The beta has a value of 0.24. Price to book ratio is 77.74 and price to sales ratio is 1.68.
