Anyone who is interested in the artificial intelligence must have come across the company Artificial Intelligence Technology Solutions Inc. (OTCMKTS:AITX).
On Tuesday, AITX stock ended flat at $0.0165 with more than 16.61 million shares, compared to its average volume of 34.59 million shares. The stock moved within a range of $0.0159 – 0.0175 after opening trade at $0.0163.
AITX Supports Ukrainian Humanitarian Efforts with NFT Sale
However, on Tuesday, there was not a lot of movement in the stock and it traded within a range. That being said, it is also necessary for investors to note that the company was in the news yesterday after it made a key announcement. Artificial Intelligence Technology Solutions announced yesterday that it had come up with two ways by way of which it seeks to raise money for humanitarian relief in Ukraine.
To that end Artificial Intelligence Technology Solutions has actually created a new non-fungible token or NFT in order to raise cash for the cause. On the other hand, the Chief Executive Officer of the company Steve Reinharz has created a new GoFundMe page in order to seek online donations.
The NFT created by the company is actually an image of ROAMEO. The NFT in question has actually been created by Robotic Assistance Devices, which is a fully owned subsidiary company of Artificial Intelligence Technology Solutions. At this point in time, it may be a good idea to keep an eye on the company’s stock and watch for further moves.
AITX stock is trading below the 20-Day and 50-Day Moving averages of $0.0174 and $0.0183 respectively. However, the stock is trading below the 200-Day moving average of $0.0334.