Shares of iLearningEngines, Inc. (NASDAQ:AILE – Get Free Report) dropped 5.4% on Tuesday . The company traded as low as $9.29 and last traded at $9.35. Approximately 51,950 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 157,102 shares. The stock had previously closed at $9.88.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the company. Benchmark reaffirmed a “buy” rating and set a $18.00 price objective on shares of iLearningEngines in a research note on Friday, May 24th. Northland Securities assumed coverage on iLearningEngines in a research note on Wednesday, May 1st. They set an “outperform” rating and a $21.00 price objective on the stock.
Check Out Our Latest Stock Analysis on AILE
iLearningEngines Price Performance
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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