Helport AI (NASDAQ:HPAI) Trading Up 4.5% – Here’s Why

Shares of Helport AI Limited (NASDAQ:HPAI) shot up 4.5% during trading on Thursday . The company traded as high as $4.27 and last traded at $4.3250. 2,648 shares were traded during trading, a decline of 80% from the average session volume of 13,567 shares. The stock had previously closed at $4.14.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Helport AI in a research note on Friday, October 31st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Helport AI Trading Down 2.8%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.24 and a current ratio of 1.24. The firm has a 50 day simple moving average of $3.32 and a two-hundred day simple moving average of $3.89.

Institutional Investors Weigh In On Helport AI

A hedge fund recently bought a new stake in Helport AI stock. Goldman Sachs Group Inc. bought a new position in shares of Helport AI Limited (NASDAQ:HPAI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,631 shares of the company’s stock, valued at approximately $63,000. 62.44% of the stock is owned by hedge funds and other institutional investors.

Helport AI Company Profile

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.