OBOOK Holdings Inc. (NASDAQ:OWLS – Get Free Report) shares were up 1.5% during trading on Monday . The stock traded as high as $5.46 and last traded at $5.46. Approximately 14,784 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 24,458 shares. The stock had previously closed at $5.38.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the company. Benchmark initiated coverage on OBOOK in a research note on Wednesday, April 15th. They set a “buy” rating and a $11.00 price target on the stock. Weiss Ratings upgraded OBOOK from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $11.00.
Get Our Latest Stock Report on OBOOK
OBOOK Stock Performance
Institutional Investors Weigh In On OBOOK
An institutional investor recently bought a new position in OBOOK stock. Geode Capital Management LLC purchased a new stake in shares of OBOOK Holdings Inc. (NASDAQ:OWLS – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 36,325 shares of the company’s stock, valued at approximately $243,000.
About OBOOK
Our mission is to use blockchain technology to provide businesses with more reliable and transparent data management, to reinvent global flow of funds for businesses and consumers and to lead the digital transformation of business operations. We believe in the power of blockchain technology and have focused on leveraging it to optimize and in some cases transform the way enterprises operate. Established in 2010 in Taiwan, we operate as the OwlTing Group and have delivered solutions to various industries and are expanding actively into multiple markets including the United States, Japan, Singapore, Hong Kong, Malaysia and Thailand, as well as jurisdictions in South America and the EU.
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