What is the highest BrainChip shares have ever been?

What and when was Brainchip's last all-time high?

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Remember BrainChip Holdings Ltd (ASX: BRN) shares?

This ASX artificial intelligence company was all the rage with investors earlier this year. The company made headlines when it rocketed more than 200% in value between 31 December last year and 19 January.

But the BrainChip share price has given investors a far more disappointing performance since this extraordinary start-of-year rally.

Even the half-year earnings released last month didn't seem to move the BrainChip share price. As we covered at the time, this saw the company report a pleasing 529% rise in revenues to US$4.83 million. Although it also reported an operating loss of U$8.56 million.

So what is the highest BrainChip shares have ever been? And how does that compare with the company's current share price?

That's what we'll be checking out today.

two computer geeks sit across from each other with their laptop computers touching as they look confused and confounded by what they are seeing on their screens.

Image source: Getty Images

What and when was BrainChip shares' last high?

So BrainChip shares last saw an all-time high back in January this year, as you might have gathered from our earlier discussion. The company's all-time high indeed came and went on 19 January.

This trading session saw the BrainChip share price hit a high of $2.34 a share. That remains both the company's reigning 52-week and all-time record high.

In a sign of the volatility that was influencing the BrainChip share price at the time, that same day also saw BrainChip's record closing high. But this was $2.13 a share, quite a long way from the $2.34 that BrainChip shares saw earlier that same trading day.

Today, the BrainChip share price is trading at 92 cents at the time of writing, 1.66% for the trading day thus far.

This share price represents a painful 60.7% drop from the company's all-time high in January.

But it's not all bad news. Despite this fall, BrainChip shares remain up a healthy 35.3% in 2022 thus far. Over the past 12 months, the company is up an even more pleasing 87.7%.

And any investor lucky enough to buy into BrainChip during the worst of the coronavirus-induced share market crash back in April 2020 would be looking at gains worth an extraordinary 2,150% on today's pricing.

At the current BrainChip share price, this ASX artificial intelligence share has a market capitalisation of $1.58 billion.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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