XIAO-I Stock Scheduled to Reverse Split on Monday, May 11th (NASDAQ:AIXI)

Shares of XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) are 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 closing bell on Friday, May 8th.

XIAO-I Stock Performance

Shares of AIXI stock opened at $0.76 on Friday. The company’s 50 day moving average price is $0.45 and its two-hundred day moving average price is $0.58. XIAO-I has a 52 week low of $0.08 and a 52 week high of $4.02.

XIAO-I (NASDAQ:AIXI) last announced its earnings results on Wednesday, December 31st. The company reported ($1.26) EPS for the quarter. The business had revenue of $5.76 million for the quarter.

Wall Street Analyst Weigh In

Several analysts have commented on AIXI shares. Wall Street Zen downgraded shares of XIAO-I from a “sell” rating to a “strong sell” rating in a report on Saturday. Weiss Ratings restated a “sell (e+)” rating on shares of XIAO-I in a report on Friday, April 10th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, XIAO-I has a consensus rating of “Sell”.

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.