JX Luxventure Group Inc (NASDAQ:JXG – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,741 shares, an increase of 156.0% from the May 31st total of 2,243 shares. Approximately 3.8% of the company’s shares are sold short. Based on an average daily trading volume, of 7,030 shares, the days-to-cover ratio is presently 0.8 days.
JX Luxventure Group Stock Performance
NASDAQ:JXG opened at $10.65 on Monday. The stock’s fifty day moving average is $6.79 and its two-hundred day moving average is $5.55. JX Luxventure Group has a 52 week low of $3.01 and a 52 week high of $26.70.
JX Luxventure Group (NASDAQ:JXG – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported ($11.33) EPS for the quarter. The firm had revenue of $28.88 million during the quarter.
Hedge Funds Weigh In On JX Luxventure Group
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of JX Luxventure Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.
Read Our Latest Report on JX Luxventure Group
About JX Luxventure Group
JX Luxventure Group Inc is a special purpose acquisition company incorporated in Delaware. As a blank check entity, it has no commercial operations of its own and was established to raise capital through an initial public offering for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
The company’s sponsors and management team bring experience in financial services, corporate finance and mergers and acquisitions.
Recommended Stories
- Five stocks we like better than JX Luxventure Group
- New Stock Price Highs Are on the Menu for Darden Restaurants
- Trip.com’s Selloff Raises a Bigger Question About Its Travel Recovery Story
- Winnebago Misses Estimates, But Surges 14% After Earnings
- As Stablecoins Keep Growing, These 2 Stocks Benefit
Receive News & Ratings for JX Luxventure Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JX Luxventure Group and related companies with MarketBeat.com's FREE daily email newsletter.
