Helport AI (NASDAQ:HPAI) Trading Up 6.2% – What’s Next?

Helport AI Limited (NASDAQ:HPAI) shot up 6.2% during mid-day trading on Monday . The stock traded as high as $0.4850 and last traded at $0.4590. Approximately 91,958 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 629,365 shares. The stock had previously closed at $0.4322.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Helport AI in a research note on Friday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Helport AI Trading Up 6.2%

The company’s 50 day simple moving average is $0.73 and its 200-day simple moving average is $1.84.

Helport AI (NASDAQ:HPAI) last issued its quarterly earnings results on Friday, June 26th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $8.83 million during the quarter.

Hedge Funds Weigh In On Helport AI

A hedge fund recently bought a new position in Helport AI stock. Goldman Sachs Group Inc. bought a new position in shares of Helport AI Limited (NASDAQ:HPAI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,631 shares of the company’s stock, valued at approximately $63,000. Institutional investors own 62.44% of the company’s stock.

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.