Xylo Technologies (NASDAQ:XYLO) Stock Price Up 2.3% – Should You Buy?

Xylo Technologies Ltd. (NASDAQ:XYLO)’s share price traded up 2.3% during mid-day trading on Wednesday . The stock traded as high as $4.09 and last traded at $3.98. 3,643 shares changed hands during trading, a decline of 72% from the average session volume of 12,804 shares. The stock had previously closed at $3.89.

Xylo Technologies Price Performance

The firm’s fifty day moving average price is $4.32 and its 200 day moving average price is $3.79.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xylo Technologies stock. Lepercq De Neuflize Asset Management LLC acquired a new stake in shares of Xylo Technologies Ltd. (NASDAQ:XYLO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 26,059 shares of the company’s stock, valued at approximately $94,000. Xylo Technologies comprises 0.1% of Lepercq De Neuflize Asset Management LLC’s investment portfolio, making the stock its 9th biggest holding. Lepercq De Neuflize Asset Management LLC owned 3.62% of Xylo Technologies as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 0.26% of the company’s stock.

Xylo Technologies Company Profile

Xylo Technologies Ltd, a technology-based company, provides medical-related devices and products in the United States, Europe, Asia, Israel, and internationally. The company operates through Corporate, E-commerce, Online Advertising & Internet Traffic Routing, Online Event Management, and Others segments.