Twenty One Capital (NYSE:XXI) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Twenty One Capital (NYSE:XXI) from a strong sell rating to a hold rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings upgraded shares of Twenty One Capital from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, May 14th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Twenty One Capital Trading Down 1.8%

Shares of NYSE:XXI opened at $5.32 on Friday. The company has a 50 day moving average of $6.25 and a 200-day moving average of $7.32. The firm has a market cap of $3.46 billion, a P/E ratio of -37.96 and a beta of -1.52. Twenty One Capital has a twelve month low of $4.81 and a twelve month high of $12.51. The company has a current ratio of 25.22, a quick ratio of 25.22 and a debt-to-equity ratio of 0.19.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Softbank Group CORP. bought a new stake in Twenty One Capital in the fourth quarter worth about $780,575,000. Cantor Fitzgerald L. P. bought a new position in shares of Twenty One Capital during the 4th quarter valued at about $49,843,000. Anson Funds Management LP bought a new position in shares of Twenty One Capital during the 1st quarter valued at about $8,138,000. Amundi grew its stake in shares of Twenty One Capital by 46.2% in the 1st quarter. Amundi now owns 441,629 shares of the company’s stock worth $2,826,000 after purchasing an additional 139,500 shares during the last quarter. Finally, Pantera Capital Partners LP acquired a new position in shares of Twenty One Capital in the 4th quarter worth approximately $2,956,000.

About Twenty One Capital

Twenty One Capital Inc is a newly formed operating company focused exclusively on Bitcoin-related business lines. Twenty One Capital Inc, formerly known as Cantor Equity Partners Inc, is based in AUSTIN, Texas.