BingEx Limited (NASDAQ:FLX - Get Free Report) shares were up 10.1% during mid-day trading on Wednesday . The company traded as high as $2.64 and last traded at $2.51. Approximately 116,526 shares traded hands during mid-day trading, an increase of 156% from the average daily volume of 45,503 shares. The stock had previously closed at $2.28.
BingEx Price Performance
The stock has a 50-day simple moving average of $3.92 and a 200-day simple moving average of $7.16.
BingEx (NASDAQ:FLX - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $140.96 million during the quarter.
Institutional Investors Weigh In On BingEx
An institutional investor recently bought a new position in BingEx stock. Millennium Management LLC purchased a new stake in BingEx Limited (NASDAQ:FLX - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 41,405 shares of the company's stock, valued at approximately $335,000. Millennium Management LLC owned about 0.06% of BingEx at the end of the most recent quarter.
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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