Shares of iLearningEngines, Inc. (NASDAQ:AILE – Get Free Report) dropped 5.4% during trading on Tuesday . The company traded as low as $9.29 and last traded at $9.35. Approximately 51,950 shares traded hands during trading, a decline of 67% from the average daily volume of 157,102 shares. The stock had previously closed at $9.88.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on AILE shares. Benchmark reissued a “buy” rating and issued a $18.00 price target on shares of iLearningEngines in a report on Friday, May 24th. Northland Securities started coverage on shares of iLearningEngines in a research report on Wednesday, May 1st. They set an “outperform” rating and a $21.00 price target for the company.
Check Out Our Latest Analysis on AILE
iLearningEngines Stock Down 3.8 %
iLearningEngines Company Profile
iLearningEngines, Inc operates AI-powered learning automation and information intelligence for corporate and educational use. The company's AI and learning automation platform is used by enterprises to productize enterprise knowledge for consumption throughout the enterprise. Its outcome-based training has deployed in regulated and detail-oriented vertical markets, such as healthcare, education, insurance, retail, oil and gas/energy, manufacturing, and government.
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