Wall Street Zen Upgrades Twenty One Capital (NYSE:XXI) to “Hold”

Twenty One Capital (NYSE:XXI) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “hold” rating in a research report issued on Saturday.

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

Twenty One Capital Trading Down 0.5%

NYSE:XXI opened at $5.32 on Friday. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of -37.96 and a beta of -1.52. Twenty One Capital has a one year low of $4.81 and a one year high of $12.51. The company has a debt-to-equity ratio of 0.19, a quick ratio of 25.22 and a current ratio of 25.22. The business’s 50-day simple moving average is $6.25 and its 200 day simple moving average is $7.32.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in XXI. Softbank Group CORP. acquired a new stake in shares of Twenty One Capital in the 4th quarter valued at about $780,575,000. Cantor Fitzgerald L. P. acquired a new position in Twenty One Capital in the fourth quarter worth about $49,843,000. Anson Funds Management LP acquired a new position in Twenty One Capital in the first quarter worth about $8,138,000. Pantera Capital Partners LP acquired a new position in Twenty One Capital in the fourth quarter worth about $2,956,000. Finally, Amundi bought a new stake in Twenty One Capital in the fourth quarter valued at about $2,647,000.

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.