Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP) Sees Strong Trading Volume – Still a Buy?

Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEPGet Free Report) shares saw unusually-high trading volume on Friday . Approximately 2,299,136 shares traded hands during trading, an increase of 11% from the previous session’s volume of 2,070,426 shares.The stock last traded at $54.81 and had previously closed at $50.00.

Cantor Equity Partners, Inc. Class A Ordinary Shares Price Performance

The stock’s 50-day moving average price is $14.38 and its 200 day moving average price is $11.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Tidal Investments LLC bought a new position in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares in the third quarter worth about $100,000. Wealthspring Capital LLC increased its position in Cantor Equity Partners, Inc. Class A Ordinary Shares by 6.1% in the 4th quarter. Wealthspring Capital LLC now owns 22,408 shares of the company’s stock worth $232,000 after buying an additional 1,298 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares in the 4th quarter worth approximately $3,120,000. JPMorgan Chase & Co. acquired a new position in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares during the fourth quarter worth approximately $1,032,000. Finally, Rangeley Capital LLC bought a new stake in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares in the fourth quarter valued at approximately $275,000.

About Cantor Equity Partners, Inc. Class A Ordinary Shares

(Get Free Report)

Cantor Equity Partners, Inc operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.

Read More

Receive News & Ratings for Cantor Equity Partners Inc. Class A Ordinary Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantor Equity Partners Inc. Class A Ordinary Shares and related companies with MarketBeat.com's FREE daily email newsletter.