BingEx (NASDAQ:FLX - Get Free Report) posted its earnings results on Tuesday. The company reported $0.08 earnings per share for the quarter, Zacks reports.
BingEx Price Performance
BingEx stock opened at $3.14 on Tuesday. BingEx has a twelve month low of $2.01 and a twelve month high of $21.95. The firm has a 50 day moving average price of $3.17 and a 200-day moving average price of $4.43.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on FLX. Wall Street Zen raised shares of BingEx to a "hold" rating in a research report on Saturday, July 26th. Deutsche Bank Aktiengesellschaft began coverage on shares of BingEx in a research report on Tuesday, June 10th. They set a "buy" rating and a $4.70 target price for the company.
Get Our Latest Report on FLX
Institutional Inflows and Outflows
An institutional investor recently bought a new position in BingEx stock. XTX Topco Ltd acquired a new position in BingEx Limited (NASDAQ:FLX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,831 shares of the company's stock, valued at approximately $34,000.
BingEx Company Profile
(
Get Free Report)
BingEx Limited, through its subsidiaries, provides on-demand courier services under the FlashEx brand name in the People's Republic of China. The company offers Flash-Riders as service providers. It serves individual and business customers, including local retailers, restaurants, and logistics players through its mobile platform and website.
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