Upexi (NASDAQ:UPXI) Trading Down 2.4% – Should You Sell?

Upexi, Inc. (NASDAQ:UPXI)’s stock price fell 2.4% on Wednesday . The stock traded as low as $0.9140 and last traded at $0.9291. 2,598,751 shares were traded during trading, an increase of 7% from the average session volume of 2,437,939 shares. The stock had previously closed at $0.9517.

Analyst Ratings Changes

A number of research analysts have issued reports on UPXI shares. Cantor Fitzgerald raised shares of Upexi to a “strong-buy” rating in a report on Thursday, April 9th. Weiss Ratings lowered shares of Upexi from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, June 8th. Finally, Wall Street Zen upgraded Upexi from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Upexi has an average rating of “Moderate Buy” and a consensus target price of $8.33.

Upexi Price Performance

The firm has a market cap of $65.28 million, a PE ratio of -1.50 and a beta of -0.35. The stock has a 50 day simple moving average of $1.22 and a two-hundred day simple moving average of $1.45. The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.72 and a current ratio of 1.72.

Upexi (NASDAQ:UPXI) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($1.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($1.47). The company had revenue of $1.05 million during the quarter, compared to analyst estimates of $2.90 million. Upexi had a negative net margin of 874.00% and a negative return on equity of 66.70%.

Institutional Trading of Upexi

Several institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC purchased a new stake in Upexi in the 2nd quarter worth $1,002,000. Ameritas Advisory Services LLC purchased a new position in Upexi during the third quarter valued at $26,000. Vanguard Group Inc. lifted its holdings in Upexi by 41.9% during the third quarter. Vanguard Group Inc. now owns 710,744 shares of the company’s stock valued at $4,101,000 after purchasing an additional 209,907 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Upexi in the third quarter valued at about $66,000. Finally, Synovus Financial Corp purchased a new stake in shares of Upexi during the third quarter worth about $145,000. 5.68% of the stock is owned by institutional investors and hedge funds.

Upexi Company Profile

Upexi (NASDAQ: UPXI) is a full-service digital consultancy that partners with brands to design, develop, and deploy digital products and marketing strategies. The company’s expertise spans user experience and interface design, custom software engineering, and data-driven marketing services. By integrating research, creative design, and technical execution, Upexi helps clients accelerate product development cycles and optimize their digital presence.

The firm serves a diverse, global clientele across sectors such as e-commerce, software-as-a-service (SaaS), healthcare, and finance.