Cantor Equity Partners (NASDAQ:CEP - Get Free Report)'s stock had its "sell (d)" rating reiterated by research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.
Cantor Equity Partners Price Performance
NASDAQ:CEP traded down $0.82 on Wednesday, reaching $22.90. The stock had a trading volume of 129,146 shares, compared to its average volume of 1,415,501. Cantor Equity Partners has a 1-year low of $10.03 and a 1-year high of $59.75. The stock has a fifty day moving average price of $23.77 and a 200-day moving average price of $26.84.
Cantor Equity Partners (NASDAQ:CEP - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The company reported $0.04 EPS for the quarter.
Hedge Funds Weigh In On Cantor Equity Partners
Institutional investors have recently modified their holdings of the stock. Signaturefd LLC bought a new position in shares of Cantor Equity Partners in the second quarter worth about $28,000. NewEdge Advisors LLC bought a new stake in shares of Cantor Equity Partners during the second quarter worth approximately $32,000. Legacy Wealth Managment LLC ID bought a new stake in shares of Cantor Equity Partners during the second quarter worth approximately $60,000. Raymond James Financial Inc. bought a new stake in shares of Cantor Equity Partners during the second quarter worth approximately $65,000. Finally, Burkett Financial Services LLC bought a new stake in shares of Cantor Equity Partners during the second quarter worth approximately $70,000.
About Cantor Equity Partners
(
Get Free Report)
Cantor Equity Partners, Inc is a blank check company, which engages in the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Cantor Equity Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cantor Equity Partners wasn't on the list.
While Cantor Equity Partners currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.