Cantor Equity Partners (NASDAQ:CEPO) Downgraded by Wall Street Zen to “Strong Sell”

Cantor Equity Partners (NASDAQ:CEPO) was downgraded by equities researchers at Wall Street Zen to a “strong sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Cantor Equity Partners in a research report on Friday, January 9th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Cantor Equity Partners Stock Performance

NASDAQ:CEPO opened at $10.49 on Friday. The stock has a fifty day moving average price of $10.46 and a 200-day moving average price of $10.45. The company has a market cap of $267.37 million, a price-to-earnings ratio of -38.83 and a beta of -0.23. Cantor Equity Partners has a fifty-two week low of $10.17 and a fifty-two week high of $16.50.

Cantor Equity Partners (NASDAQ:CEPO) last issued its quarterly earnings results on Friday, February 27th. The company reported ($0.44) EPS for the quarter.

Institutional Investors Weigh In On Cantor Equity Partners

A number of hedge funds have recently made changes to their positions in CEPO. Lineage Point Capital LP acquired a new position in Cantor Equity Partners during the 4th quarter worth approximately $124,000. Radcliffe Capital Management L.P. bought a new stake in shares of Cantor Equity Partners during the third quarter worth $136,000. Qube Research & Technologies Ltd acquired a new position in shares of Cantor Equity Partners during the second quarter worth $155,000. Whalen Wealth Management Inc. acquired a new position in shares of Cantor Equity Partners during the third quarter worth $140,000. Finally, Clear Street Group Inc. bought a new position in shares of Cantor Equity Partners in the 3rd quarter valued at $157,000.

About Cantor Equity Partners

Cantor Equity Partners, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker CEPO. As a blank‐check entity, Cantor Equity Partners seeks to raise capital through an IPO and use the proceeds to effect a merger, share exchange, asset acquisition or similar business combination with one or more target companies. The company does not engage in commercial operations of its own until it completes a qualifying transaction.

The firm’s sponsor, Cantor Equity Opportunities Sponsor, LLC, is an affiliate of Cantor Fitzgerald, L.P., a well-established global financial services firm known for its capital markets, investment banking and brokerage activities.