BingEx Limited (NASDAQ:FLX - Get Free Report) shares traded down 6.5% during mid-day trading on Wednesday . The company traded as low as $8.66 and last traded at $8.61. 6,589 shares were traded during mid-day trading, a decline of 86% from the average session volume of 46,382 shares. The stock had previously closed at $9.20.
BingEx Price Performance
The company's 50-day moving average is $8.51.
BingEx (NASDAQ:FLX - Get Free Report) last announced its earnings results on Wednesday, March 12th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $140.96 million during the quarter.
Hedge Funds Weigh In On BingEx
An institutional investor recently bought a new position in BingEx stock. Citadel Advisors LLC purchased a new stake in shares of BingEx Limited (NASDAQ:FLX - Free Report) during the 4th quarter, according to its most recent Form 13F 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 at the end of the most recent quarter.
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.
Featured Stories
Before you consider BingEx, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BingEx wasn't on the list.
While BingEx currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
