X3 (NASDAQ:XTKG – Get Free Report)‘s stock had its “sell (d-)” rating reissued by equities researchers at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.
X3 Trading Down 5.3%
X3 stock opened at $1.43 on Wednesday. X3 has a 12 month low of $0.53 and a 12 month high of $4.00. The business’s 50 day simple moving average is $1.99 and its 200 day simple moving average is $1.61.
Institutional Investors Weigh In On X3
A hedge fund recently raised its stake in X3 stock. XTX Topco Ltd grew its stake in shares of X3 Holdings Co., Ltd. (NASDAQ:XTKG – Free Report) by 360.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,736 shares of the company’s stock after acquiring an additional 45,966 shares during the period. XTX Topco Ltd owned 0.43% of X3 worth $67,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.85% of the company’s stock.
About X3
X3 Holdings Co Ltd. provides technology solutions and services worldwide. The company offers Global Trade Platform, a digital platform for trading partners, service providers, and government authorities. It also engages in bitcoin cryptomining operations, renewable energy projects, and agriculture technologies and trading.
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