Twenty One Capital (NYSE:XXI) Rating Lowered to “Sell” at Wall Street Zen

Twenty One Capital (NYSE:XXI) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Separately, Weiss Ratings raised shares of Twenty One Capital from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Twenty One Capital Price Performance

Shares of XXI opened at $5.76 on Friday. The company has a 50-day moving average price of $7.28. Twenty One Capital has a one year low of $5.31 and a one year high of $12.51. The company has a market cap of $3.75 billion, a P/E ratio of -41.11 and a beta of -1.89. The company has a current ratio of 25.22, a quick ratio of 25.22 and a debt-to-equity ratio of 0.19.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Softbank Group CORP. bought a new stake in Twenty One Capital in the 4th quarter valued at about $780,575,000. Cantor Fitzgerald L. P. bought a new stake in Twenty One Capital in the 4th quarter valued at about $49,843,000. Anson Funds Management LP bought a new stake in Twenty One Capital in the 1st quarter valued at about $8,138,000. Amundi boosted its holdings in Twenty One Capital by 46.2% in the 1st quarter. Amundi now owns 441,629 shares of the company’s stock valued at $2,826,000 after purchasing an additional 139,500 shares during the period. Finally, Pantera Capital Partners LP bought a new stake in Twenty One Capital in the 4th quarter valued at about $2,956,000.

About Twenty One Capital

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.