Twenty One Capital (NYSE:XXI) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings raised shares of Twenty One Capital from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, May 14th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Twenty One Capital presently has an average rating of “Sell”.

Twenty One Capital Price Performance

XXI stock opened at $5.31 on Friday. The business has a 50 day moving average price of $6.18 and a 200 day moving average price of $7.30. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of -37.92 and a beta of -1.52. Twenty One Capital has a fifty-two week low of $4.81 and a fifty-two week high of $12.51. The company has a quick ratio of 25.22, a current ratio of 25.22 and a debt-to-equity ratio of 0.19.

Hedge Funds Weigh In On Twenty One Capital

Several hedge funds have recently made changes to their positions in XXI. Bank of New York Mellon Corp acquired a new stake in shares of Twenty One Capital in the 1st quarter valued at about $521,000. XTX Topco Ltd purchased a new position in Twenty One Capital during the 4th quarter worth approximately $148,000. Schonfeld Strategic Advisors LLC acquired a new position in Twenty One Capital during the fourth quarter worth approximately $91,000. Cetera Investment Advisers acquired a new position in Twenty One Capital during the fourth quarter worth approximately $425,000. Finally, Kovack Advisors Inc. purchased a new stake in Twenty One Capital in the fourth quarter valued at approximately $127,000.

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.