Wall Street Zen Upgrades Upexi (NASDAQ:UPXI) to "Hold"

Key Points

• Wall Street Zen upgraded Upexi from “sell” to “hold,” while Cantor Fitzgerald raised its price target to $2.00 and maintained an “overweight” rating.
• Upexi shares opened at $1.04, with a consensus analyst rating of “Hold” and a consensus price target of $5.00; the stock has traded between $0.54 and $7.75 over the past year.
• Institutional investors own 5.68% of Upexi, with several hedge funds recently initiating or increasing positions in the company.

Upexi (NASDAQ:UPXI - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Saturday, Wall Street Zen reports.

A number of other analysts have also recently commented on the company. Cantor Fitzgerald lifted their target price on Upexi from $1.30 to $2.00 and gave the stock an "overweight" rating in a research report on Thursday. Weiss Ratings reissued a "sell (e+)" rating on shares of Upexi in a research report on Friday, September 4th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Upexi currently has a consensus rating of "Hold" and a consensus target price of $5.00.

Upexi Price Performance

Shares of NASDAQ:UPXI opened at $1.04 on Friday. The company's fifty day moving average price is $0.90 and its 200 day moving average price is $1.02. Upexi has a 12 month low of $0.54 and a 12 month high of $7.75. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a market capitalization of $81.85 million, a P/E ratio of -1.68 and a beta of -0.21.

Institutional Trading of Upexi

Hedge funds have recently made changes to their positions in the company. Clearstead Advisors LLC acquired a new position in shares of Upexi during the fourth quarter worth about $27,000. Price T Rowe Associates Inc. MD purchased a new stake in Upexi in the 4th quarter valued at approximately $35,000. Caitong International Asset Management Co. Ltd purchased a new stake in Upexi in the 4th quarter valued at approximately $58,000. Engineers Gate Manager LP increased its position in Upexi by 47.1% during the 2nd quarter. Engineers Gate Manager LP now owns 77,738 shares of the company's stock worth $61,000 after purchasing an additional 24,885 shares during the period. Finally, Millington Financial Advisors LLC increased its position in Upexi by 100.0% during the 4th quarter. Millington Financial Advisors LLC now owns 40,000 shares of the company's stock worth $67,000 after purchasing an additional 20,000 shares during the period. Institutional investors and hedge funds own 5.68% of the company's stock.

About Upexi

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.

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