Twenty One Capital (NYSE:XXI) Raised to "Sell" at Wall Street Zen

Key Points

• Twenty One Capital (NYSE:XXI) was upgraded by Wall Street Zen from "strong sell" to "sell", while Weiss Ratings also lifted its view slightly from "sell (e+)" to "sell (d-)".
• The stock is still viewed negatively overall, with MarketBeat reporting a consensus rating of "Sell" from analysts.
• Twenty One Capital opened at $8.62 and has a market cap of $5.61 billion; the company is a newly formed business focused on Bitcoin-related operations.

Twenty One Capital (NYSE:XXI - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "strong sell" rating to a "sell" rating in a report issued on Saturday.

Separately, Weiss Ratings raised shares of Twenty One Capital from a "sell (e+)" rating to a "sell (d-)" rating in a report on Friday, April 24th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".

Twenty One Capital Stock Performance

XXI opened at $8.62 on Friday. The stock's fifty day simple moving average is $7.05. The company has a quick ratio of 47.61, a current ratio of 47.61 and a debt-to-equity ratio of 0.14. Twenty One Capital has a 52 week low of $5.61 and a 52 week high of $12.51. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of -143.58 and a beta of -1.71.

Institutional Trading of Twenty One Capital

Institutional investors have recently bought and sold shares of the business. E6 Portfolios LLC bought a new position in shares of Twenty One Capital during the fourth quarter worth $106,000. Squarepoint Ops LLC bought a new position in shares of Twenty One Capital during the fourth quarter worth $281,000. Softbank Group CORP. bought a new position in shares of Twenty One Capital during the fourth quarter worth $780,575,000. Osaic Holdings Inc. bought a new position in shares of Twenty One Capital during the fourth quarter worth $148,000. Finally, Amundi bought a new position in shares of Twenty One Capital during the fourth quarter worth $2,647,000.

Twenty One Capital Company Profile

Twenty One Capital Inc is a newly formed operating company focused exclusively on Bitcoin-related business lines. Twenty One Capital Inc, formerly known as Cantor Equity Partners Inc, is based in AUSTIN, Texas.

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