BrainChip (OTCMKTS:BRCHF) Trading Down 7.1%

BrainChip Holdings Ltd (OTCMKTS:BRCHFGet Free Report)’s share price was down 7.1% on Monday . The company traded as low as 0.13 and last traded at 0.13. Approximately 264,600 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 207,327 shares. The stock had previously closed at 0.14.

BrainChip Price Performance

The stock’s 50-day moving average is 0.18 and its two-hundred day moving average is 0.18.

About BrainChip

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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.

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