iLearningEngines (NASDAQ:AILE) Receives Buy Rating from Benchmark

Benchmark reissued their buy rating on shares of iLearningEngines (NASDAQ:AILEFree Report) in a research report report published on Tuesday,Benzinga reports. The firm currently has a $18.00 target price on the stock.

iLearningEngines Stock Performance

Shares of NASDAQ:AILE opened at $1.50 on Tuesday. The business has a 50 day moving average price of $1.48 and a 200 day moving average price of $4.70. iLearningEngines has a twelve month low of $0.70 and a twelve month 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 Trading of iLearningEngines

Several hedge funds have recently added to or reduced their stakes in the business. Claro Advisors LLC boosted its stake in iLearningEngines by 75.6% during the 3rd quarter. Claro Advisors LLC now owns 20,746 shares of the company’s stock valued at $35,000 after purchasing an additional 8,929 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of iLearningEngines in the 2nd quarter worth approximately $102,000. Squarepoint Ops LLC bought a new stake in shares of iLearningEngines in the 2nd quarter worth approximately $123,000. SG Americas Securities LLC bought a new stake in shares of iLearningEngines in the 3rd quarter worth approximately $29,000. Finally, Rhumbline Advisers bought a new stake in shares of iLearningEngines in the 2nd quarter worth approximately $217,000. Institutional investors own 32.94% of the company’s stock.

iLearningEngines Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iLearningEngines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iLearningEngines and related companies with MarketBeat.com's FREE daily email newsletter.