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Helport AI (NASDAQ:HPAI) Trading Down 0.6% - Here's What Happened

Helport AI logo with Business Services background

Key Points

  • Helport AI Limited's stock (NASDAQ:HPAI) decreased by 0.6% on Thursday, trading at a low of $4.03 with significantly reduced volume at approximately 304 shares traded.
  • Goldman Sachs Group Inc. has recently acquired a new stake in Helport AI, purchasing 10,631 shares valued at around $63,000, indicating growing interest from hedge funds.
  • Helport AI develops AI-powered solutions for customer contact centers, including products like AI Assist which enhances agent performance and customer interactions.
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Helport AI Limited (NASDAQ:HPAI - Get Free Report) was down 0.6% on Thursday . The stock traded as low as $4.03 and last traded at $4.03. Approximately 304 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 12,553 shares. The stock had previously closed at $4.05.

Helport AI Price Performance

The firm has a 50-day moving average price of $4.44 and a two-hundred day moving average price of $5.35.

Hedge Funds Weigh In On Helport AI

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

About Helport AI

(Get Free Report)

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.

Further Reading

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.

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