Shares of Artificial Intelligence Technology Solutions (OTCMKTS:AITX) are moving sideways on Wednesday.
AITX is trading almost unchanged at $0.073. As of 2:35 PM, more than 27 million shares have been traded, compared to its 30-day average volume of 75.60 million shares. Trading opened Wednesday at .079 and has ranged between .0705 and .079. AITX stock has more than doubled so far in 2021. However, the stock is still down almost 75% from its 52-week high.
AITX Announces New Order
Artificial Intelligence Technology released news before the market opened.
Robotic Assistance Devices Receives Six Unit ROSA Order from Large Northern California Auto Center
- Wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a six-unit ROSA order from one of northern California’s leading auto groups.
- The company indicated that the end-user for this deployment will place all six ROSA units at a single location that services three of their five dealerships.
- RAD’s sales funnel includes opportunities for hundreds of units to be deployed within the next 12 months.
- RAD’s ROSA continues to gain market acceptance notably with auto dealerships. “ROSA’s ability to help clients in these environments address loitering, trespassing, and theft in a positive, proactive manner is a solution they’ve been waiting for. And it’s dramatically less expensive than posting a security guard,” said Steve Reinharz, Founder and President of RAD.
AITX continues to look weak in spite of recent positive news. There is some support at .055. Potential pivot points to keep track of are .0793, .0834 and .091 above and .070 .066 and .057 below.