Helport AI (NASDAQ:HPAI) Shares Up 3.6% – What’s Next?

Helport AI Limited (NASDAQ:HPAI) shot up 3.6% during mid-day trading on Tuesday . The company traded as high as $3.18 and last traded at $3.0250. 2,706 shares traded hands during trading, a decline of 61% from the average session volume of 6,951 shares. The stock had previously closed at $2.92.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Helport AI in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Helport AI currently has a consensus rating of “Sell”.

Helport AI Price Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a 50 day moving average of $3.78 and a 200-day moving average of $3.68.

Institutional Investors Weigh In On Helport AI

A hedge fund recently bought a new stake in Helport AI stock. Goldman Sachs Group Inc. acquired a new position in Helport AI Limited (NASDAQ:HPAI) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,631 shares of the company’s stock, valued at approximately $63,000. Institutional investors own 62.44% of the company’s stock.

About Helport AI

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.