Exodus Movement, Inc. (NYSEAMERICAN:EXOD - Get Free Report)'s stock price was up 6.4% during trading on Friday . The stock traded as high as $30.73 and last traded at $31.57. Approximately 35,010 shares traded hands during trading, a decline of 68% from the average daily volume of 110,790 shares. The stock had previously closed at $29.67.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on EXOD shares. Northland Capmk raised shares of Exodus Movement to a "strong-buy" rating in a research note on Thursday, July 17th. Cantor Fitzgerald started coverage on shares of Exodus Movement in a research note on Friday, August 15th. They set an "overweight" rating and a $45.00 price objective for the company. Zacks Research downgraded shares of Exodus Movement from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 29th. Finally, Northland Securities started coverage on shares of Exodus Movement in a research note on Thursday, July 17th. They set an "outperform" rating and a $50.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $56.14.
Check Out Our Latest Research Report on EXOD
Exodus Movement Stock Down 0.4%
The company has a market cap of $859.16 million, a PE ratio of 10.63 and a beta of 0.18. The firm's 50-day moving average is $28.09 and its 200-day moving average is $33.56.
Institutional Investors Weigh In On Exodus Movement
A number of hedge funds and other institutional investors have recently bought and sold shares of EXOD. Cannon Global Investment Management LLC purchased a new stake in Exodus Movement in the first quarter worth about $201,000. CWM LLC purchased a new stake in Exodus Movement in the first quarter worth about $158,000. Invesco Ltd. purchased a new stake in Exodus Movement in the first quarter worth about $420,000. OMERS ADMINISTRATION Corp purchased a new stake in Exodus Movement in the first quarter worth about $262,000. Finally, Floyd Financial Group LLC purchased a new stake in Exodus Movement in the second quarter worth about $1,087,000.
About Exodus Movement
(
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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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