Twenty One Capital (NYSE:XXI) Posts Earnings Results

Twenty One Capital (NYSE:XXI) posted its earnings results on Tuesday. The company reported ($0.02) EPS for the quarter, Zacks reports.

Twenty One Capital Stock Up 3.2%

XXI traded up $0.15 during trading on Thursday, hitting $4.86. The company had a trading volume of 475,513 shares, compared to its average volume of 1,423,100. Twenty One Capital has a 1-year low of $4.15 and a 1-year high of $12.51. The company has a debt-to-equity ratio of 0.19, a current ratio of 25.22 and a quick ratio of 25.22. The company has a market cap of $3.17 billion, a PE ratio of -34.68 and a beta of -1.42. The business has a 50-day moving average of $5.17 and a 200-day moving average of $6.57.

Institutional Investors Weigh In On Twenty One Capital

Institutional investors have recently modified their holdings of the stock. Schonfeld Strategic Advisors LLC bought a new position in Twenty One Capital during the 4th quarter worth approximately $91,000. Kovack Advisors Inc. bought a new stake in shares of Twenty One Capital in the 4th quarter valued at approximately $127,000. Osaic Holdings Inc. bought a new stake in shares of Twenty One Capital in the 4th quarter valued at approximately $148,000. XTX Topco Ltd acquired a new stake in shares of Twenty One Capital during the 4th quarter valued at approximately $148,000. Finally, Squarepoint Ops LLC bought a new position in Twenty One Capital during the fourth quarter worth $281,000.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on XXI shares. Weiss Ratings reissued a “sell (d)” rating on shares of Twenty One Capital in a research report on Tuesday. Wall Street Zen upgraded Twenty One Capital from a “strong sell” rating to a “hold” rating in a research note on Saturday, July 18th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

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.