Twenty One Capital (NYSE:XXI) Posts Earnings Results

Twenty One Capital (NYSE:XXI) posted its earnings results on Wednesday. The company reported ($1.32) EPS for the quarter, FiscalAI reports.

Twenty One Capital Stock Down 6.5%

Shares of XXI stock traded down $0.55 on Friday, hitting $7.85. The company had a trading volume of 698,740 shares, compared to its average volume of 1,403,505. Twenty One Capital has a twelve month low of $5.61 and a twelve month high of $12.51. The company has a current ratio of 47.61, a quick ratio of 47.61 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of -130.75 and a beta of -1.71. The company’s 50-day simple moving average is $7.27.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Evexia Wealth LLC increased its holdings in shares of Twenty One Capital by 18.1% during the 1st quarter. Evexia Wealth LLC now owns 12,539 shares of the company’s stock valued at $88,000 after purchasing an additional 1,926 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in Twenty One Capital in the fourth quarter valued at $91,000. E6 Portfolios LLC acquired a new position in shares of Twenty One Capital in the fourth quarter worth about $106,000. CI Investments Inc. purchased a new stake in shares of Twenty One Capital during the 1st quarter worth about $108,000. Finally, Kovack Advisors Inc. acquired a new stake in shares of Twenty One Capital during the 4th quarter valued at about $127,000.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Weiss Ratings upgraded Twenty One Capital from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, April 24th. Wall Street Zen raised shares of Twenty One Capital from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock 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.