BingEx Limited (NASDAQ:FLX - Get Free Report) shares rose 10.1% during trading on Wednesday . The company traded as high as $2.64 and last traded at $2.51. Approximately 116,526 shares were traded during trading, an increase of 156% from the average daily volume of 45,503 shares. The stock had previously closed at $2.28.
BingEx Stock Performance
The business has a 50-day moving average of $3.79 and a 200 day moving average of $7.04.
BingEx (NASDAQ:FLX - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $140.96 million for the quarter.
Hedge Funds Weigh In On BingEx
An institutional investor recently bought a new position in BingEx stock. Millennium Management LLC acquired a new position in shares of BingEx Limited (NASDAQ:FLX - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 41,405 shares of the company's stock, valued at approximately $335,000. Millennium Management LLC owned 0.06% of BingEx at the end of the most recent reporting period.
About BingEx
(
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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