Brainchip (OTCMKTS:BRCHF) Trading Down 7.1% - Should You Sell?

Key Points

• Brainchip Holdings Ltd. saw its stock price decrease by 7.1%, trading at $0.13 after previously closing at $0.14.
• Approximately 660,105 shares were traded on this day, representing a significant increase of 36% over its average daily volume.
• The company focuses on developing AI and machine learning solutions, with a primary emphasis on its Akida Neuromorphic Processor for various applications.

Brainchip Holdings Ltd. (OTCMKTS:BRCHF - Get Free Report)'s stock price traded down 7.1% on Thursday . The company traded as low as $0.13 and last traded at $0.13. 660,105 shares were traded during trading, an increase of 36% from the average session volume of 484,300 shares. The stock had previously closed at $0.14.

Brainchip Stock Down 1.7%

The stock's fifty day moving average price is $0.14 and its 200-day moving average price is $0.16.

About Brainchip

BrainChip Holdings Ltd develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Oceania, Europe, the Middle East, and Asia. The company primarily focuses on development of Akida Neuromorphic Processor to provide ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications.