Guardforce AI Co announces expansion plans, set to climb for 3rd straight day

Guardforce AI

29/03/2022 12:52

** U.S.-listed shares of retail favorite Thai integrated
security solutions provider  GFAI.O  up 27.1% at $1.5 premarket 
    ** Stock is set to add to a 18.3% rally in the last two
sessions when it moved on no apparent news
    ** Co is in the process of establishing subsidiaries in
Dubai and Australia, with a focus on Robotics as a Service
(RaaS) rollout initiatives  urn:newsml:reuters.com:*:nACS7Whjma
    ** Guardforce AI's Dubai office is still in its initial
setup phase and GFAI has begun trial deployments in Dubai with
clients in the restaurant, retail, hospitality, exhibition and
convention segments
    ** GFAI adds it now has operations in mainland China, Hong
Kong, Macau, Thailand, Singapore, Malaysia, Dubai, Australia and
the United States
    ** Many retail investors started talking about their plans
for the stock on Stoctwits.com following news
    ** More than 3.1 mln shares have traded so far, ~19.1% of
their 30-DMA volume
    ** As of last close, the stock had risen by 9.3% YTD

 (Reporting by Devik Jain in Bengaluru)
 ((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780;
outside U.S. +91 80 6182 2062; ;))