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BingEx (NASDAQ:FLX) Shares Gap Down - What's Next?

BingEx logo with Transportation background
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Shares of BingEx Limited (NASDAQ:FLX - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $8.77, but opened at $8.55. BingEx shares last traded at $7.82, with a volume of 4,798 shares traded.

BingEx Stock Performance

The company's fifty day moving average price is $8.51.

BingEx (NASDAQ:FLX - Get Free Report) last announced its quarterly earnings data on Wednesday, March 12th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $140.96 million during the quarter.

Institutional Trading of BingEx

An institutional investor recently bought a new position in BingEx stock. Millennium Management LLC purchased a new position in shares of BingEx Limited (NASDAQ:FLX - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 41,405 shares of the company's stock, valued at approximately $335,000. Millennium Management LLC owned 0.06% of BingEx as of its most recent SEC filing.

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.

Further Reading

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