Artificial Intelligence Tech Solutions Inc (OTCMKTS:AITX) Stock Consolidates After The Recent Fall

Anyone who might be currently interested in the Artificial Intelligence Tech Solutions Inc (OTCMKTS:AITX) space could do well to take a closer look at the Artificial Intelligence Technology Solutions Inc stock. The stock may have been trading in a range yesterday but it could be one to watch for the medium to long term.

Trading Data

On Thursday, AITX stock gained 2.60% to $0.0197 with more than 33.42 million shares, compared to its average volume of 37.99 million shares. The stock moved within a range of $0.0192 – 0.0204 after opening trade at $0.0203.

Robotic Assistance Devices Signs SekurCorp as New Dealer and Receives AVA Order

Yesterday there was no news with regards to the company but it might be a good idea to take a look at the announcement that was made on Tuesday. Artificial Intelligence Technology Solutions announced on that day that Robotic Assistance Devices, its fully owned subsidiary company, had signed up a new authorised dealer in the form of SekurCorp.

In addition to that, it was also announced that Robotic Assistance had also managed to bag an AVA order from the same dealer. It was a significant development considering the fact that SekurCorp is regarded as a significant security provider and has two offices. The offices in question are located in Montreal and St Johnsbury.

While the stock may have been trading in a range yesterday, things can change fairly quickly in markets and hence, it may be a good idea for investors to consider adding the Artificial Intelligence Technology Solutions stock to their watch lists.

Technical Data

AITX stock is trading below the 20-Day and 50-Day Moving averages of $0.0191 and $0.0208 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0427.