ContextLogic Inc. (NASDAQ:WISH - Get Free Report)'s share price traded down 3.1% during trading on Thursday . The stock traded as low as $6.56 and last traded at $6.73. 573,841 shares were traded during trading, a decline of 42% from the average session volume of 991,637 shares. The stock had previously closed at $6.95.
ContextLogic Trading Up 0.1 %
The company's 50-day moving average is $7.34 and its two-hundred day moving average is $7.02. The stock has a market capitalization of $164.44 million, a P/E ratio of -0.56 and a beta of 2.09.
Institutional Trading of ContextLogic
Large investors have recently added to or reduced their stakes in the business. Barclays PLC lifted its position in ContextLogic by 3,723.7% in the third quarter. Barclays PLC now owns 46,190 shares of the company's stock worth $252,000 after purchasing an additional 44,982 shares during the period. HighTower Advisors LLC raised its holdings in shares of ContextLogic by 6.8% during the third quarter. HighTower Advisors LLC now owns 54,442 shares of the company's stock valued at $297,000 after acquiring an additional 3,467 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of ContextLogic by 14.5% during the third quarter. Geode Capital Management LLC now owns 266,688 shares of the company's stock valued at $1,454,000 after buying an additional 33,702 shares in the last quarter. 46.05% of the stock is currently owned by institutional investors and hedge funds.
About ContextLogic
(
Get Free Report)
ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc was incorporated in 2010 and is headquartered in San Francisco, California.
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