Exodus Movement, Inc. (NYSEAMERICAN:EXOD - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $30.14, but opened at $31.56. Exodus Movement shares last traded at $32.00, with a volume of 14,742 shares.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on EXOD shares. Benchmark raised their price objective on shares of Exodus Movement from $38.00 to $58.00 and gave the company a "buy" rating in a report on Wednesday, April 2nd. Keefe, Bruyette & Woods started coverage on Exodus Movement in a research report on Friday, May 2nd. They issued an "outperform" rating and a $65.00 price target on the stock. BTIG Research reissued a "buy" rating on shares of Exodus Movement in a research note on Monday, May 12th. Finally, HC Wainwright upped their price objective on shares of Exodus Movement from $50.00 to $65.00 and gave the company a "buy" rating in a report on Tuesday, May 13th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $59.60.
Read Our Latest Report on EXOD
Exodus Movement Price Performance
The company's fifty day moving average price is $36.23 and its 200 day moving average price is $36.20. The company has a market cap of $899.98 million, a PE ratio of 24.33 and a beta of 0.59.
Hedge Funds Weigh In On Exodus Movement
A number of hedge funds and other institutional investors have recently made changes to their positions in EXOD. Invesco Ltd. purchased a new stake in Exodus Movement in the first quarter worth $420,000. OMERS ADMINISTRATION Corp purchased a new position in shares of Exodus Movement during the 1st quarter valued at $262,000. CWM LLC bought a new position in shares of Exodus Movement during the 1st quarter worth $158,000. Finally, Cannon Global Investment Management LLC purchased a new stake in Exodus Movement in the 1st quarter worth about $201,000.
Exodus Movement Company Profile
(
Get Free Report)
Exodus Movement, Inc develops blockchain asset investors platform to secure, exchange and manage wealth inside one application. The company was founded by Daniel Castagnoli and Jon Paul Richardson in 2015 and is headquartered in Omaha, NE.
Further Reading
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