Guardforce AI (NASDAQ:GFAI) Trading Down 5.5% – Should You Sell?

Guardforce AI Co., Limited (NASDAQ:GFAI) shares fell 5.5% during trading on Thursday . The company traded as low as $1.03 and last traded at $1.04. 1,545,398 shares were traded during trading, an increase of 287% from the average session volume of 399,174 shares. The stock had previously closed at $1.10.

Analyst Upgrades and Downgrades

Separately, EF Hutton Acquisition Co. I raised Guardforce AI to a “strong-buy” rating in a report on Tuesday, October 1st.

Guardforce AI Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 3.36. The company’s fifty day moving average is $1.19 and its two-hundred day moving average is $1.55.

Guardforce AI Company Profile

Guardforce AI Co, Limited offers cash solutions and cash handling services in Thailand. The company operates through four segments: Secured Logistics Business, General Security Solutions, Robotics Solution Business, and Information Security Business. Its services include cash-in-transit, vehicles to banks, ATM management, cash center operations, cash processing, coin processing, consolidate cash center, and cheque center services, as well as cash deposit machine solutions, such as cash deposit management and express cash services.