XIAO-I (NASDAQ:AIXI) Shares Down 9.8% – Should You Sell?

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI)’s stock price was down 9.8% on Thursday . The company traded as low as $0.2860 and last traded at $0.29. Approximately 307,632 shares were traded during trading, an increase of 54% from the average daily volume of 199,708 shares. The stock had previously closed at $0.3215.

Analysts Set New Price Targets

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

XIAO-I Price Performance

The company has a fifty day simple moving average of $0.53 and a two-hundred day simple moving average of $1.17.

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.