ContextLogic Inc. (NASDAQ:WISH - Get Free Report) traded up 2.5% during mid-day trading on Friday . The stock traded as high as $7.47 and last traded at $7.38. 305,030 shares traded hands during trading, a decline of 69% from the average session volume of 991,637 shares. The stock had previously closed at $7.20.
ContextLogic Stock Down 4.0%
The stock has a market cap of $179.81 million, a price-to-earnings ratio of -0.62 and a beta of 2.09. The stock has a fifty day moving average of $7.05 and a two-hundred day moving average of $7.15.
Hedge Funds Weigh In On ContextLogic
An institutional investor recently raised its position in ContextLogic stock. Barclays PLC lifted its position in shares of ContextLogic Inc. (NASDAQ:WISH - Free Report) by 3,723.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,190 shares of the company's stock after acquiring an additional 44,982 shares during the period. Barclays PLC owned about 0.19% of ContextLogic worth $252,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 46.05% of the company's stock.
About ContextLogic
(
Get Free Report)
ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc was incorporated in 2010 and is headquartered in San Francisco, California.
Featured Stories
Before you consider ContextLogic, 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 ContextLogic wasn't on the list.
While ContextLogic currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
