Helport AI (NASDAQ:HPAI) Earns "Sell (D+)" Rating from Weiss Ratings

Key Points

• Helport AI's stock (NASDAQ:HPAI) has been given a "sell (D+)" rating by Weiss Ratings, indicating a negative outlook for the company's investment potential.
• The company's shares opened at $3.45, with a 12-month range between $3.43 and $8.40, and current moving averages at $3.91 (50 days) and $4.73 (200 days).
• Goldman Sachs recently acquired a new stake in Helport AI, purchasing 10,631 shares worth approximately $63,000, contributing to institutional ownership of 62.44% of the company's stock.

Helport AI (NASDAQ:HPAI - Get Free Report)'s stock had its "sell (d+)" rating reissued by research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Helport AI Trading Down 0.6%

Shares of HPAI stock opened at $3.45 on Wednesday. Helport AI has a 12 month low of $3.43 and a 12 month high of $8.40. The business's 50 day moving average is $3.91 and its two-hundred day moving average is $4.73.

Hedge Funds Weigh In On Helport AI

A hedge fund recently bought a new stake in Helport AI stock. Goldman Sachs Group Inc. purchased a new stake in shares of Helport AI Limited (NASDAQ:HPAI - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 10,631 shares of the company's stock, valued at approximately $63,000. Institutional investors and hedge funds own 62.44% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.