Exodus Movement, Inc. (NYSEAMERICAN:EXOD - Get Free Report) shares rose 8.3% during mid-day trading on Thursday . The company traded as high as $32.24 and last traded at $31.87. Approximately 80,994 shares were traded during mid-day trading, a decline of 21% from the average daily volume of 102,837 shares. The stock had previously closed at $29.44.
Analyst Ratings Changes
EXOD has been the subject of a number of recent analyst reports. Benchmark boosted their price objective on Exodus Movement from $38.00 to $58.00 and gave the company a "buy" rating in a report on Wednesday, April 2nd. BTIG Research restated a "buy" rating on shares of Exodus Movement in a research note on Monday, May 12th. HC Wainwright lifted their price target on shares of Exodus Movement from $50.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Finally, Keefe, Bruyette & Woods started coverage on Exodus Movement in a report on Friday, May 2nd. They issued an "outperform" rating and a $65.00 price target for the company. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $59.60.
Get Our Latest Research Report on EXOD
Exodus Movement Price Performance
The stock's fifty day simple moving average is $34.65 and its 200-day simple moving average is $37.26. The firm has a market cap of $940.70 million, a PE ratio of 25.43 and a beta of 0.26.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in EXOD. CWM LLC purchased a new stake in Exodus Movement in the 1st quarter worth approximately $158,000. Cannon Global Investment Management LLC acquired a new stake in Exodus Movement during the first quarter valued at $201,000. OMERS ADMINISTRATION Corp purchased a new position in Exodus Movement in the first quarter valued at $262,000. Finally, Invesco Ltd. acquired a new position in shares of Exodus Movement in the first quarter worth about $420,000.
Exodus Movement Company Profile
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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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