Home Financial Markets Penny Stocks For What Reason Did AITX Stock Soar 25%?

For What Reason Did AITX Stock Soar 25%?

Shares of Artificial Intelligence Technology Solutions, Inc., (OTCPK: AITX) closed Friday’s session at $0.0739, up 25.04%. About 136.38 million shares of AIT Solutions stock, a volume that surpassed the 30-day average daily volume of 73.04 million. AITX stock has increased following significant results of a study by the company.

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The study revealed what?

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The AITX team delivers artificial intelligence-based solutions that empower organizations by providing fresh insights, solving complex business problems, and sparking new business ideas. RAD and RAD-M operations help organizations simplify operations, uplift ROI, and strengthen business with their next-generation robotic product offerings. Through AITX technology, easy and economic patrol and guard services may be provided, while personnel can concentrate on strategic tasks.
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The Robotic Assistance Devices (RAD) subsidiary of AITX last week announced that it had published a case study. The study covered RAD’s client Midway Car Rental, a Southern California company with 15 locations throughout the area and counted as largest independently owned car rental company in the vicinity.

The case study summarizes how the deployment of two top-of-the-line ROSA devices has made a practical and noticeable difference to the premium auto rental company’s security and safety measures.

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Was the study successful?

Thefts, trespasses, and vagrancy incidents can often be overwhelming for a dealer or service center. With ROSA’s revolutionary solution, RAD will be able to supplement traditional security guards and sometimes even fully replace them. Sean Perez, Midway’s General Manager said that in addition to the damaged vehicles, graffiti on the outside of the building, the homeless tampering with our electrical outlets in order to charge their phones, as well as trash being left around the building, these problems have all been eradicated since our Rosas were implemented.

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