Twenty One Capital (NYSE:XXI) Announces Quarterly Earnings Results

Twenty One Capital (NYSE:XXI) released its quarterly earnings data on Tuesday. The company reported ($0.02) earnings per share for the quarter, Zacks reports.

Twenty One Capital Stock Performance

Shares of XXI stock opened at $4.57 on Tuesday. The company has a 50 day moving average price of $5.25 and a 200-day moving average price of $6.63. Twenty One Capital has a 52 week low of $4.15 and a 52 week high of $12.51. The firm has a market capitalization of $2.98 billion, a PE ratio of -32.64 and a beta of -1.41. The company has a quick ratio of 25.22, a current ratio of 25.22 and a debt-to-equity ratio of 0.19.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd bought a new stake in Twenty One Capital in the 4th quarter worth approximately $148,000. Schonfeld Strategic Advisors LLC bought a new position in shares of Twenty One Capital during the 4th quarter valued at $91,000. Cetera Investment Advisers bought a new position in shares of Twenty One Capital during the 4th quarter valued at $425,000. Pantera Capital Partners LP purchased a new position in shares of Twenty One Capital in the 4th quarter worth $2,956,000. Finally, Cantor Fitzgerald L. P. purchased a new position in shares of Twenty One Capital in the 4th quarter worth $49,843,000.

Analyst Ratings Changes

Several research analysts have recently issued reports on XXI shares. Wall Street Zen upgraded shares of Twenty One Capital from a “strong sell” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings raised shares of Twenty One Capital from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Twenty One Capital has an average rating of “Sell”.

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.