XIAO-I (NASDAQ:AIXI – Get Free Report) issued its earnings results on Thursday. The company reported ($23.10) earnings per share for the quarter, FiscalAI reports. The business had revenue of $0.52 million during the quarter.
XIAO-I Stock Up 49.0%
NASDAQ AIXI opened at $1.81 on Friday. XIAO-I has a 1 year low of $1.18 and a 1 year high of $379.40. The company has a fifty day simple moving average of $4.36 and a 200 day simple moving average of $42.62.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of XIAO-I from a “strong sell” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of XIAO-I in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.
About XIAO-I
XIAO-I Holdings Limited, also known as Xiao-I, is an artificial intelligence company that develops enterprise software and cognitive-intelligence solutions. The company’s technologies include natural-language processing, machine learning, speech recognition, computer vision and intelligent automation.
Xiao-I’s product offerings include the Xiao-I Robot platform and other AI tools designed to support conversational customer service, knowledge management, business-process automation and enterprise decision-making.
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