Xiaomi (OTCMKTS:XIACF) Now Covered by Macquarie

Macquarie began coverage on shares of Xiaomi (OTCMKTS:XIACF) in a report released on Monday, StockNewsAPI reports. The firm issued an outperform rating on the stock.

Xiaomi Price Performance

XIACF opened at $2.09 on Monday. Xiaomi has a 52 week low of $1.26 and a 52 week high of $2.35. The firm has a 50-day simple moving average of $1.85 and a two-hundred day simple moving average of $1.84.

Xiaomi Company Profile

Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.