XIAO-I (NASDAQ:AIXI) Trading 3.5% Higher – Should You Buy?

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) rose 3.5% during trading on Thursday . The stock traded as high as $0.28 and last traded at $0.26. Approximately 1,778,020 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 1,619,866 shares. The stock had previously closed at $0.2511.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of XIAO-I in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

XIAO-I Trading Up 3.5%

The stock’s fifty day moving average price is $0.35 and its two-hundred day moving average price is $0.92.

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

About XIAO-I

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.