Helport AI (NASDAQ:HPAI) Stock Price Down 0.6% – Should You Sell?

Helport AI Limited (NASDAQ:HPAI)’s share price traded down 0.6% on Wednesday . The company traded as low as $2.81 and last traded at $2.7920. 1,387 shares were traded during trading, a decline of 53% from the average session volume of 2,981 shares. The stock had previously closed at $2.81.

Wall Street Analyst Weigh In

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

Helport AI Stock Performance

The stock’s fifty day moving average is $3.18 and its two-hundred day moving average is $3.44. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.24 and a quick ratio of 1.24.

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) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,631 shares of the company’s stock, valued at approximately $63,000. 62.44% of the stock is currently owned by institutional investors and hedge funds.

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.