XIAO-I (NASDAQ:AIXI) Shares Set to Reverse Split on Monday, May 11th

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) shares are scheduled to reverse split on Monday, May 11th. The 1-20 reverse split was announced on Thursday, April 23rd. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, May 8th.

XIAO-I Stock Down 7.8%

NASDAQ:AIXI opened at $0.75 on Thursday. The firm’s fifty day simple moving average is $0.52 and its 200-day simple moving average is $0.56. XIAO-I has a fifty-two week low of $0.08 and a fifty-two week high of $4.02.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of XIAO-I in a research report on Friday, April 10th. Wall Street Zen downgraded shares of XIAO-I from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 25th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

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.