XIAO-I (NASDAQ:AIXI) Shares Down 6.2% – What’s Next?

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was down 6.2% on Tuesday . The stock traded as low as $0.45 and last traded at $0.45. Approximately 209,243 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 184,821 shares. The stock had previously closed at $0.48.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of XIAO-I in a report on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

XIAO-I Price Performance

The stock has a 50-day moving average price of $0.82 and a 200-day moving average price of $1.50.

Hedge Funds Weigh In On XIAO-I

A hedge fund recently bought a new stake in XIAO-I stock. HighTower Advisors LLC purchased a new stake in XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 21,877 shares of the company’s stock, valued at approximately $94,000. HighTower Advisors LLC owned 0.23% of XIAO-I at the end of the most recent quarter. Hedge funds and other institutional investors own 3.99% of the company’s stock.

XIAO-I Company Profile

XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.