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Brainchip (OTCMKTS:BRCHF) Shares Up 1.7% - Time to 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.
  • Looking to export and analyze Brainchip data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

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

Brainchip Stock Performance

The company has a 50-day simple moving average of $0.14 and a 200-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.

Further Reading

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