iLearningEngines (NASDAQ:AILE) Given “Buy” Rating at Benchmark

Benchmark reiterated their buy rating on shares of iLearningEngines (NASDAQ:AILE) in a research report released on Tuesday morning,Benzinga reports. Benchmark currently has a $18.00 target price on the stock.

iLearningEngines Trading Down 1.4 %

AILE stock opened at $1.08 on Tuesday. The company has a 50 day moving average price of $1.50 and a 200 day moving average price of $4.80. iLearningEngines has a fifty-two week low of $0.70 and a fifty-two week high of $20.00. The company has a debt-to-equity ratio of 20.27, a quick ratio of 3.40 and a current ratio of 3.40.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new position in shares of iLearningEngines in the 3rd quarter valued at approximately $29,000. Claro Advisors LLC lifted its stake in iLearningEngines by 75.6% in the 3rd quarter. Claro Advisors LLC now owns 20,746 shares of the company’s stock valued at $35,000 after acquiring an additional 8,929 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of iLearningEngines during the 3rd quarter worth approximately $58,000. Barclays PLC raised its holdings in shares of iLearningEngines by 320.8% in the third quarter. Barclays PLC now owns 41,808 shares of the company’s stock valued at $70,000 after purchasing an additional 31,872 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of iLearningEngines in the third quarter worth $85,000. 32.94% of the stock is owned by institutional investors and hedge funds.

About iLearningEngines

iLearningEngines, Inc operates an artificial intelligence (AI) platform for learning automation. The company’s AI learning and engagement platform offers a cloud-based, mobile, offline, and multimedia capabilities that is used to deliver personalized learning and engagement modules. Its platform includes Learning Experience Platform, that addresses the corporate learning market; and Information Intelligence Platform which addresses the information management, analytics, and automation markets.