Twenty One Capital (NYSE:XXI) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Twenty One Capital (NYSE:XXI) from a sell rating to a hold rating in a research report released on Sunday.

Separately, Weiss Ratings raised shares of Twenty One Capital from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Twenty One Capital Price Performance

Twenty One Capital stock opened at $7.92 on Friday. The company has a 50 day moving average price of $7.29. Twenty One Capital has a 1-year low of $5.61 and a 1-year high of $12.51. The company has a debt-to-equity ratio of 0.19, a quick ratio of 25.22 and a current ratio of 25.22. The stock has a market cap of $5.16 billion, a PE ratio of -131.92 and a beta of -1.71.

Twenty One Capital (NYSE:XXI) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($1.32) earnings per share for the quarter.

Institutional Trading of Twenty One Capital

Several hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new position in shares of Twenty One Capital in the 1st quarter worth approximately $521,000. Weiss Asset Management LP acquired a new position in shares of Twenty One Capital in the 1st quarter worth approximately $913,000. CI Investments Inc. acquired a new position in shares of Twenty One Capital in the 1st quarter worth approximately $108,000. Evexia Wealth LLC lifted its holdings in shares of Twenty One Capital by 18.1% in the 1st quarter. Evexia Wealth LLC now owns 12,539 shares of the company’s stock worth $88,000 after acquiring an additional 1,926 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of Twenty One Capital in the 4th quarter worth approximately $91,000.

Twenty One Capital Company Profile

Twenty One Capital Inc is a newly formed operating company focused exclusively on Bitcoin-related business lines. Twenty One Capital Inc, formerly known as Cantor Equity Partners Inc, is based in AUSTIN, Texas.