BlockchAIn Digital Infrastructure (NYSEAMERICAN:AIB) Stock Rating Upgraded by Freedom Capital

BlockchAIn Digital Infrastructure (NYSEAMERICAN:AIB) was upgraded by research analysts at Freedom Capital to a “strong-buy” rating in a research report issued on Monday, Zacks reports.

A number of other analysts have also issued reports on the company. Lucid Cap Mkts raised BlockchAIn Digital Infrastructure to a “strong-buy” rating in a report on Wednesday, July 1st. Zacks Research upgraded BlockchAIn Digital Infrastructure to a “hold” rating in a report on Wednesday, July 1st. Finally, Maxim Group started coverage on BlockchAIn Digital Infrastructure in a report on Tuesday, June 30th. They set a “buy” rating and a $5.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $5.00.

BlockchAIn Digital Infrastructure Stock Down 0.9%

Shares of NYSEAMERICAN:AIB opened at $1.14 on Monday. The stock’s 50-day moving average is $1.40 and its 200-day moving average is $1.67. BlockchAIn Digital Infrastructure has a 52-week low of $0.90 and a 52-week high of $6.28.

BlockchAIn Digital Infrastructure (NYSEAMERICAN:AIB) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) EPS for the quarter. BlockchAIn Digital Infrastructure had a negative return on equity of 15.42% and a negative net margin of 26.53%. The business had revenue of $2.92 million during the quarter. On average, analysts expect that BlockchAIn Digital Infrastructure will post -0.50 earnings per share for the current year.

BlockchAIn Digital Infrastructure Company Profile

BlockchAIn Digital Infrastructure Inc is engaged in the digital infrastructure business, providing data center operations and high-performance computing services. The company offers power infrastructure, hosting services, and equipment leasing to customers involved in blockchain computing, artificial intelligence, and high-performance data processing. Its operations include leasing space, power capacity, and equipment within data center facilities, as well as offering modular digital asset mining containers and related hardware and support services.