Wall Street Zen Upgrades Captivision (NASDAQ:CAPT) to Hold

Captivision (NASDAQ:CAPT) was upgraded by analysts at Wall Street Zen to a “hold” rating in a note issued to investors on Friday.

Captivision Stock Down 1.4%

NASDAQ:CAPT opened at $0.65 on Friday. The firm’s fifty day simple moving average is $0.54 and its 200-day simple moving average is $0.91. Captivision has a fifty-two week low of $0.30 and a fifty-two week high of $1.94.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Captivision stock. Truepoint Inc. lifted its position in shares of Captivision Inc. (NASDAQ:CAPT) by 159.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,243 shares of the company’s stock after buying an additional 17,972 shares during the period. Truepoint Inc. owned approximately 0.10% of Captivision worth $27,000 as of its most recent SEC filing.

Captivision Company Profile

Captivision Inc engages in the development and manufacture of an architectural media glass product called G-Glass which is an IT-enabled construction material capable of transforming buildings into digital media devices. The company was founded on February 24, 2023 and is headquartered in Nailsworth, the United Kingdom.