iLearningEngines Inc. (NASDAQ: AILE) Could See Prices Soar In The Coming Months

In the last trading session, 1.52 million shares of the iLearningEngines Inc. (NASDAQ:AILE) were traded, and its beta was 0.24. Most recently the company’s share price was $1.22, and it changed around $0.04 or 3.39% from the last close, which brings the market valuation of the company to $172.23M. AILE currently trades at a discount to its 52-week high of $20.00, offering almost -1539.34% off that amount. The share price’s 52-week low was $0.71, which indicates that the current value has risen by an impressive 41.8% since then. We note from iLearningEngines Inc.’s average daily trading volume that its 10-day average is 12.58 million shares, with the 3-month average coming to 2.63 million.

iLearningEngines Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended AILE as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. iLearningEngines Inc. is expected to report earnings per share of 0.01 for the current quarter.

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iLearningEngines Inc. (NASDAQ:AILE) trade information

Instantly AILE has showed a green trend with a performance of 3.39% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.8500 on recent trading dayincreased the stock’s daily price by 34.05%. The company’s shares are currently down -88.35% year-to-date, but still up 68.23% over the last five days. On the other hand, iLearningEngines Inc. (NASDAQ:AILE) is -73.93% down in the 30-day period. We can see from the shorts that 1.55 million shares have been sold at a short interest cover period of 2.79 day(s).

iLearningEngines Inc. (AILE) estimates and forecasts

The year-over-year growth rate is expected to be 28.40%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 139.13M in revenue for the current quarter. 2 analysts expect iLearningEngines Inc. to make 146.53M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 26.30%.

AILE Dividends

iLearningEngines Inc.’s next quarterly earnings report is expected to be released in October.