Helport AI (NASDAQ:HPAI) Trading Down 0.6% – Here’s What Happened

Shares of Helport AI Limited (NASDAQ:HPAI) were down 0.6% during mid-day trading on Wednesday . The company traded as low as $2.81 and last traded at $2.7920. Approximately 1,387 shares changed hands during trading, a decline of 53% from the average daily volume of 2,981 shares. The stock had previously closed at $2.81.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Helport AI in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Helport AI presently has an average rating of “Sell”.

Helport AI Trading Down 0.6%

The business has a fifty day moving average of $3.23 and a 200-day moving average of $3.46. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.24 and a quick ratio of 1.24.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Helport AI stock. Goldman Sachs Group Inc. acquired a new stake in shares of Helport AI Limited (NASDAQ:HPAI) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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.

Helport AI Company Profile

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.