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BingEx (NASDAQ:FLX) Shares Gap Down - Time to Sell?

BingEx logo with Transportation background
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BingEx Limited (NASDAQ:FLX - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $9.20, but opened at $8.90. BingEx shares last traded at $8.85, with a volume of 847 shares.

BingEx Price Performance

The firm has a 50 day simple moving average of $8.51.

BingEx (NASDAQ:FLX - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The company reported ($0.06) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On BingEx

An institutional investor recently bought a new position in BingEx stock. Citadel Advisors LLC purchased a new position in BingEx Limited (NASDAQ:FLX - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 113,507 shares of the company's stock, valued at approximately $919,000. Citadel Advisors LLC owned approximately 0.16% of BingEx as of its most recent filing with the Securities and Exchange Commission.

BingEx Company Profile

(Get Free Report)

BingEx Limited, through its subsidiaries, provides on-demand courier services under the FlashEx brand name in the People's Republic of China. The company offers Flash-Riders as service providers. It serves individual and business customers, including local retailers, restaurants, and logistics players through its mobile platform and website.

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