Roth Mkm Begins Coverage on MultiSensor AI (NASDAQ:MSAI)

Roth Mkm started coverage on shares of MultiSensor AI (NASDAQ:MSAI) in a research note issued to investors on Monday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $8.00 target price on the stock.

MultiSensor AI Price Performance

Shares of NASDAQ MSAI opened at $2.50 on Monday. MultiSensor AI has a 1-year low of $1.89 and a 1-year high of $14.00. The business has a fifty day moving average of $2.69.

Hedge Funds Weigh In On MultiSensor AI

An institutional investor recently bought a new position in MultiSensor AI stock. Sanders Morris Harris LLC acquired a new position in shares of MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 445,195 shares of the company’s stock, valued at approximately $1,006,000. Sanders Morris Harris LLC owned about 8.59% of MultiSensor AI at the end of the most recent reporting period. 82.32% of the stock is currently owned by institutional investors.

MultiSensor AI Company Profile

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.