XpresSpa Group (XSPA) Lowered to Sell at Zacks Investment Research
Zacks Investment Research downgraded shares of XpresSpa Group (NASDAQ:XSPA) from a hold rating to a sell rating in a research note issued to investors on Tuesday morning.
According to Zacks, “XpresSpa Group, Inc. operates as a health and wellness company. It provides airport spa, cryotherapy, compression therapy and salt chambers solutions. The company also offers travel products and accessories. It operates primarily in the United States, Holland and the United Arab Emirates. XpresSpa Group Inc., formerly known as FORM Holdings Corp., is based in New York, United States. “
Separately, ValuEngine upgraded shares of XpresSpa Group from a hold rating to a buy rating in a research note on Wednesday, May 2nd.
In other XpresSpa Group news, CEO Edward Jankowski bought 100,000 shares of XpresSpa Group stock in a transaction on Tuesday, June 12th. The stock was purchased at an average cost of $0.45 per share, for a total transaction of $45,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 26.90% of the stock is owned by insiders.
An institutional investor recently bought a new position in XpresSpa Group stock. BlackRock Inc. bought a new stake in XpresSpa Group Inc (NASDAQ:XSPA) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 301,383 shares of the company’s stock, valued at approximately $217,000. BlackRock Inc. owned about 1.13% of XpresSpa Group as of its most recent filing with the Securities and Exchange Commission. 12.15% of the stock is owned by institutional investors.
XpresSpa Group Company Profile
XpresSpa Group, Inc operates as a health and wellness services company in the United States and internationally. It operates through two segments, Wellness and Intellectual Property. The Wellness segment offers airport retailer spa services; massage services for the neck, back, feet, and whole body; nail care, such as pedicures, manicures, and polish changes; travel products, including neck pillows, blankets, and massage tools; and cryotherapy, compression, and personal care services, as well as retail products.
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