Helport AI (NASDAQ:HPAI) Trading Down 2.1% – Here’s What Happened

Helport AI Limited (NASDAQ:HPAIGet Free Report)’s stock price fell 2.1% during mid-day trading on Friday . The company traded as low as $0.2833 and last traded at $0.2936. Approximately 267,259 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 1,821,639 shares. The stock had previously closed at $0.30.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Helport AI in a research note on Friday, July 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

View Our Latest Research Report on Helport AI

Helport AI Trading Down 2.1%

The business’s fifty day simple moving average is $0.48 and its 200-day simple moving average is $1.18.

Helport AI (NASDAQ:HPAIGet Free Report) last posted its quarterly earnings results on Friday, June 26th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $8.83 million during the quarter.

Institutional Investors Weigh In On Helport AI

A hedge fund recently bought a new stake in Helport AI stock. Goldman Sachs Group Inc. acquired a new stake in Helport AI Limited (NASDAQ:HPAIFree Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,631 shares of the company’s stock, valued at approximately $63,000. 62.44% of the stock is currently owned by institutional investors and hedge funds.

Helport AI Company Profile

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Helport AI Ltd. engages in the development of intelligent products, solutions, and a digital platform for customer contact centers. The firm offers AI Assist, a software that provides tailored AI-powered guidance and oversight for contact center interactions and customer experience, with functions including agent assistant, quality assurance (QA) assistant, supervisor assistant, and knowledge base assistant. It also operates Helphub Crowdsourcing Platform, an AI integrated contact center business process outsourcing (BPO) platform that serves both companies providing and seeking BPO services.

Further Reading

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