XIAO-I (NASDAQ:AIXI) Shares Up 1.7% – Still a Buy?

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI)’s stock price traded up 1.7% on Monday. The stock traded as high as $3.05 and last traded at $3.01. 743,584 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 15,748,390 shares. The stock had previously closed at $2.96.

Analyst Upgrades and Downgrades

AIXI has been the topic of a number of recent analyst reports. Wall Street Zen upgraded XIAO-I from a “strong sell” rating to a “hold” rating in a report on Saturday, October 3rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of XIAO-I in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has a consensus rating of “Sell”.

XIAO-I Price Performance

The firm’s fifty day moving average price is $2.85 and its 200-day moving average price is $37.91.

XIAO-I (NASDAQ:AIXI) last issued its quarterly earnings data on Thursday, October 1st. The company reported ($23.10) EPS for the quarter. The company had revenue of $0.52 million during the quarter.

XIAO-I Company Profile

XIAO-I Holdings Ltd. is an artificial intelligence company that develops and provides cognitive-intelligence technologies and enterprise software. The company’s offerings are designed to help organizations automate customer interactions, analyze information and improve business processes through natural-language processing, machine learning and other AI capabilities.

XIAO-I’s product portfolio includes AI-powered virtual assistants, chatbots, natural-language processing tools, intelligent customer-service applications and enterprise knowledge-management solutions.