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Brainchip (OTCMKTS:BRCHF) Stock Price Up 1.7% - Should You Buy?

Brainchip logo with Business Services background

Key Points

  • BrainChip Holdings Ltd. stock price increased by 1.7% during mid-day trading on Friday, reaching a high of $0.15 before closing at $0.13.
  • Trading volume saw a significant decline, with approximately 190,485 shares exchanged, which is 62% lower than the average daily volume.
  • The company's focus is on developing the Akida Neuromorphic Processor for artificial intelligence and machine learning applications across various global regions.
  • Five stocks we like better than Brainchip.

Brainchip Holdings Ltd. (OTCMKTS:BRCHF - Get Free Report) shares were up 1.7% during trading on Friday . The stock traded as high as $0.15 and last traded at $0.13. Approximately 190,485 shares changed hands during trading, a decline of 62% from the average daily volume of 507,014 shares. The stock had previously closed at $0.13.

Brainchip Stock Down 8.7%

The stock has a 50 day simple moving average of $0.14 and a two-hundred day simple moving average of $0.15.

About Brainchip

(Get Free Report)

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.

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