XIAO-I (NASDAQ:AIXI) Cut to Strong Sell at Wall Street Zen

XIAO-I (NASDAQ:AIXI) was downgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of XIAO-I in a research note on Friday, April 10th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

XIAO-I Stock Down 29.6%

Shares of AIXI stock opened at $0.76 on Friday. XIAO-I has a 1 year low of $0.08 and a 1 year high of $4.02. The firm’s fifty day simple moving average is $0.45 and its 200 day simple moving average is $0.58.

XIAO-I shares are scheduled to reverse split 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 closing bell on Friday, May 8th.

XIAO-I (NASDAQ:AIXI) last posted its quarterly earnings results on Wednesday, December 31st. The company reported ($1.26) earnings per share for the quarter. The business 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.