Artificial Intelligence Technology Solutions (AITX) Stock Consolidates After Recent Jump

Investors who might be looking into momentum stocks could consider taking a look at the Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX) stock. Over the course of the past two weeks, the stock has recorded gains of 60% and has displayed strong momentum.

Yesterday the company announced that Robotic Assistance Devices Inc, its fully owned subsidiary, got an order for three of its ROSA systems. The order had been placed by one of the authorized dealers it works with.

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The company did not reveal the identity of the end-user but it is believed that it is a leading luxury automobile manufacturer. Last week, the stock had soared as well after it emerged that Robotic Assistance Devices was expecting a multi-unit Proof of Concept order from one of its direct clients. The end-user for the products is a leading airport authority that owns and operates a significant number of airports in the United States.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life