FiscalNote (NYSE:NOTE) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of FiscalNote Holdings, Inc. (NYSE:NOTE) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.49 and traded as low as $0.1085. FiscalNote shares last traded at $0.1085, with a volume of 471,037 shares trading hands.

FiscalNote Stock Down 7.7%

The stock has a 50-day moving average price of $0.13 and a 200-day moving average price of $0.49. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.03 and a quick ratio of 1.01. The company has a market capitalization of $2.67 million, a P/E ratio of -0.02 and a beta of 0.78.

Institutional Investors Weigh In On FiscalNote

A number of institutional investors have recently modified their holdings of NOTE. Corecam AG acquired a new stake in shares of FiscalNote during the fourth quarter worth $73,000. NewEdge Advisors LLC lifted its holdings in FiscalNote by 95.2% in the fourth quarter. NewEdge Advisors LLC now owns 84,261 shares of the company’s stock valued at $124,000 after buying an additional 41,090 shares during the period. XTX Topco Ltd lifted its holdings in FiscalNote by 131.4% in the fourth quarter. XTX Topco Ltd now owns 35,516 shares of the company’s stock valued at $52,000 after buying an additional 20,166 shares during the period. Price T Rowe Associates Inc. MD bought a new stake in FiscalNote during the fourth quarter valued at $36,000. Finally, Stonehill Capital Management LLC boosted its position in FiscalNote by 55.9% during the fourth quarter. Stonehill Capital Management LLC now owns 221,050 shares of the company’s stock valued at $325,000 after acquiring an additional 79,299 shares during the last quarter. 54.31% of the stock is owned by institutional investors.

FiscalNote Company Profile

FiscalNote is a technology and data services company specializing in government and regulatory intelligence. Founded in 2013 by Timothy Hwang, Gerald Yao and Jonathan Chen, the company is headquartered in Washington, DC, with additional offices in New York, Brussels, London, Singapore and Hong Kong. FiscalNote went public in March 2021 through a special-purpose acquisition company (SPAC) merger and is listed on the New York Stock Exchange under the ticker NOTE.

The company’s flagship software-as-a-service platform aggregates legislative and regulatory data from jurisdictions around the world, combining that information with AI-driven analytics and expert commentary.