Shares of Pheton Holdings Ltd (NASDAQ:PTHL – Get Free Report) traded up 0.6% on Wednesday . The company traded as high as $0.2978 and last traded at $0.29. Approximately 151,359 shares were traded during trading, a decline of 89% from the average session volume of 1,345,881 shares. The stock had previously closed at $0.2882.
Pheton Trading Up 0.6%
The firm has a 50-day moving average of $0.31 and a two-hundred day moving average of $0.34.
Hedge Funds Weigh In On Pheton
A hedge fund recently raised its stake in Pheton stock. XTX Topco Ltd lifted its stake in Pheton Holdings Ltd (NASDAQ:PTHL – Free Report) by 67.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,835 shares of the company’s stock after purchasing an additional 33,427 shares during the quarter. XTX Topco Ltd owned 1.26% of Pheton worth $35,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
About Pheton
Pheton Holdings Ltd. operates as a holding company with interests in providing healthcare solutions. The firm through its subsidiaries engages in the development and commercialization of brachytherapy TPS specifically used for radioactive particle implantation, a type of radiotherapy used in treating cancer patients by placing radioactive sources inside the patient that kill cancer cells and shrink tumors. The company was founded in 1998 and is headquartered in Beijing, China.
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