Shares of Exodus Movement, Inc. (NYSEAMERICAN:EXOD - Get Free Report) were up 6.3% on Wednesday . The stock traded as high as $33.37 and last traded at $33.29. Approximately 19,544 shares traded hands during trading, a decline of 81% from the average daily volume of 104,510 shares. The stock had previously closed at $31.33.
Wall Street Analysts Forecast Growth
EXOD has been the topic of several analyst reports. BTIG Research reiterated a "buy" rating on shares of Exodus Movement in a report on Monday, May 12th. HC Wainwright upped their target price on Exodus Movement from $50.00 to $65.00 and gave the stock a "buy" rating in a report on Tuesday, May 13th. Keefe, Bruyette & Woods initiated coverage on Exodus Movement in a report on Friday, May 2nd. They set an "outperform" rating and a $65.00 target price on the stock. Finally, Benchmark upped their price objective on Exodus Movement from $38.00 to $58.00 and gave the company a "buy" rating in a research note on Wednesday, April 2nd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Exodus Movement has an average rating of "Buy" and an average price target of $59.60.
View Our Latest Stock Analysis on EXOD
Exodus Movement Stock Performance
The company has a market cap of $998.64 million, a price-to-earnings ratio of 26.99 and a beta of 0.26. The company has a fifty day moving average of $32.87 and a two-hundred day moving average of $38.21.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in EXOD. Cannon Global Investment Management LLC bought a new stake in Exodus Movement in the 1st quarter valued at about $201,000. Floyd Financial Group LLC bought a new stake in Exodus Movement in the 2nd quarter valued at about $1,087,000. Invesco Ltd. bought a new stake in Exodus Movement in the 1st quarter valued at about $420,000. OMERS ADMINISTRATION Corp bought a new stake in Exodus Movement in the 1st quarter valued at about $262,000. Finally, CWM LLC bought a new stake in Exodus Movement in the 1st quarter valued at about $158,000.
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.
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