XIAO-I’s (AIXI) “Sell (D)” Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (d) rating on shares of XIAO-I (NASDAQ:AIXI) in a research note released on Wednesday,Weiss Ratings reports.

XIAO-I Price Performance

Shares of AIXI opened at $1.10 on Wednesday. The stock’s 50-day simple moving average is $1.50 and its 200 day simple moving average is $2.42. XIAO-I has a 52-week low of $1.08 and a 52-week high of $7.20.

Institutional Trading of XIAO-I

A hedge fund recently bought a new stake in XIAO-I stock. HighTower Advisors LLC acquired a new stake in shares of XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 21,877 shares of the company’s stock, valued at approximately $94,000. HighTower Advisors LLC owned about 0.23% of XIAO-I at the end of the most recent quarter. Institutional investors and hedge funds own 3.99% of the company’s stock.

About XIAO-I

Xiao-I Corporation, through its subsidiary, Shanghai Xiao-i Robot Technology Co, Ltd., provides software services in the People’s Republic of China. It offers conversational AI platform that uses deep learning, data enhancement, active learning technologies for dialog management, context processing mechanisms, and driven by a learning system; knowledge fusion platform which integrates Q&A, documents, multimedia, information forms, business processes, knowledge graphs, and multimodal; intelligence voice platform to enhance intelligent speech solutions, realizing the macro processes of intelligent IVP, intelligent outbound calls, speech analysis, agent assistance, and human-computer interaction; and hyperautomation platform that integrates technologies, such as OCR, NLP, and visualized data mining and analysis that enables users to realize business and process automation.