Artificial Intelligence Technology (AITX) Stock Moves Within a Narrow Range: What Next?

In recent days, the Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX) stock has drawn the attention of plenty of investors and it was the same on Monday.

Yesterday it emerged that the company’s fully owned subsidiary company Robotic Assistance Devices Inc has received a number of orders for its Wally and ROSA units. As a matter of fact, it was announced that since the last announcement regarding order, 2 units of Wally and 7 units of ROSA have been ordered.

The announcement naturally came as a significant boost to the Artificial Intelligence Technology Solutions stock, which went up by as much as 4%. Robotic Assistance Devices could not divulge the identity of the clients owing to confidentiality agreements but it did reveal that the two Wally units are going to be in operation in Europe. Moreover, the order was placed by an existing client of the company and the latest order takes the total order to 3 Wally units.