XIAO-I (NASDAQ:AIXI) Cut to “Strong Sell” at Wall Street Zen
by Renee Jackson · The Cerbat GemWall Street Zen downgraded shares of XIAO-I (NASDAQ:AIXI – Free Report) from a sell rating to a strong sell rating in a report released on Saturday morning.
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of XIAO-I in a report on Friday, April 10th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.
Read Our Latest Analysis on XIAO-I
XIAO-I Trading Down 10.0%
XIAO-I stock opened at $0.68 on Friday. The firm has a 50 day simple moving average of $0.46 and a 200-day simple moving average of $0.57. XIAO-I has a 12-month low of $0.08 and a 12-month high of $4.02.
XIAO-I’s stock is going to reverse split before the market opens on Monday, May 11th. The 1-20 reverse split was announced on Thursday, April 23rd. The number of shares owned by shareholders will be adjusted after the market closes on Friday, May 8th.
XIAO-I (NASDAQ:AIXI – Get Free Report) last posted its quarterly earnings data on Wednesday, December 31st. The company reported ($1.26) earnings per share (EPS) for the quarter. The firm had revenue of $5.76 million for the quarter.
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.