Lineage Point Capital LP bought a new stake in X3 Acquisition Corp. Ltd. (NASDAQ:XCBE – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 251,574 shares of the company’s stock, valued at approximately $2,582,000.
X3 Acquisition Stock Up 0.1%
XCBE stock opened at $10.01 on Friday. The stock’s 50 day moving average is $9.98. X3 Acquisition Corp. Ltd. has a 52 week low of $9.75 and a 52 week high of $10.01.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded X3 Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
About X3 Acquisition
X3 Acquisition Corp Ltd is a blank check company.
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