Huachen AI Parking Management Technology (NASDAQ:HCAI) Shares to Reverse Split on Monday, April 13th
by Scott Moore · The Cerbat GemHuachen AI Parking Management Technology Holding Co., Ltd (NASDAQ:HCAI – Free Report) shares are going to reverse split before the market opens on Monday, April 13th. The 1-30 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, April 12th.
Huachen AI Parking Management Technology Trading Down 34.0%
Huachen AI Parking Management Technology stock traded down $0.13 during trading hours on Thursday, hitting $0.25. The stock had a trading volume of 3,841,287 shares, compared to its average volume of 8,627,031. The company has a 50-day moving average of $0.21 and a two-hundred day moving average of $0.37. Huachen AI Parking Management Technology has a fifty-two week low of $0.13 and a fifty-two week high of $10.62.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Huachen AI Parking Management Technology in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on HCAI
About Huachen AI Parking Management Technology
Huachen AI Parking Management Technology is a China-based technology company specializing in intelligent parking solutions that leverage artificial intelligence, machine vision and the Internet of Things (IoT). The company’s core offering integrates real-time data collection with advanced analytics to automate the detection, guidance and enforcement of parking spaces in both urban and commercial settings. By combining AI-driven video analytics with sensor networks, Huachen AI delivers enhanced operational efficiency and accurate occupancy monitoring for parking lot operators and end users.
The company’s product suite includes license plate recognition cameras, smart parking sensors, automated payment kiosks and a cloud-based management platform.