Helport AI (NASDAQ:HPAI) Trading Down 1% – Should You Sell?

Shares of Helport AI Limited (NASDAQ:HPAI) dropped 1% on Wednesday . The company traded as low as $3.50 and last traded at $3.6250. Approximately 5,260 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 13,127 shares. The stock had previously closed at $3.66.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Helport AI in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Helport AI Trading Down 1.0%

The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average price is $3.22 and its 200 day moving average price is $4.03.

Institutional Trading of Helport AI

An institutional investor recently bought a new position in Helport AI stock. Goldman Sachs Group Inc. acquired a new stake in Helport AI Limited (NASDAQ:HPAI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,631 shares of the company’s stock, valued at approximately $63,000. Hedge funds and other 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.