Cantor Fitzgerald Upgrades Upexi (NASDAQ:UPXI) to “Strong-Buy”

Upexi (NASDAQ:UPXI) was upgraded by analysts at Cantor Fitzgerald to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Weiss Ratings restated a “sell (d)” rating on shares of Upexi in a report on Monday, December 29th. iA Financial set a $8.00 price target on shares of Upexi in a report on Tuesday, January 13th. Finally, Wall Street Zen cut shares of Upexi from a “hold” rating to a “sell” rating in a report on Saturday, January 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $8.33.

Upexi Trading Up 5.8%

UPXI stock opened at $1.10 on Thursday. The company has a market capitalization of $76.27 million, a PE ratio of -0.34 and a beta of -0.61. Upexi has a 12 month low of $0.54 and a 12 month high of $22.57. The firm’s 50-day moving average is $0.97 and its 200 day moving average is $2.60. The company has a debt-to-equity ratio of 2.96, a current ratio of 2.20 and a quick ratio of 2.19.

Upexi (NASDAQ:UPXI) last posted its quarterly earnings results on Tuesday, February 10th. The company reported ($2.94) EPS for the quarter, missing the consensus estimate of ($0.08) by ($2.86). The company had revenue of $10.96 million during the quarter, compared to analysts’ expectations of $9.42 million. Upexi had a negative return on equity of 41.47% and a negative net margin of 496.86%.

Institutional Trading of Upexi

A number of institutional investors and hedge funds have recently bought and sold shares of UPXI. Geode Capital Management LLC acquired a new position in shares of Upexi during the second quarter worth about $1,002,000. NewGen Asset Management Ltd acquired a new position in Upexi in the second quarter valued at approximately $1,720,000. SG Americas Securities LLC acquired a new position in Upexi in the third quarter valued at approximately $177,000. Arkadios Wealth Advisors acquired a new position in Upexi in the third quarter valued at approximately $58,000. Finally, Belpointe Asset Management LLC acquired a new position in Upexi in the third quarter valued at approximately $58,000. 5.68% of the stock is currently owned by hedge funds and other institutional investors.

Upexi Company Profile

Upexi (NASDAQ: UPXI) is a full-service digital consultancy that partners with brands to design, develop, and deploy digital products and marketing strategies. The company’s expertise spans user experience and interface design, custom software engineering, and data-driven marketing services. By integrating research, creative design, and technical execution, Upexi helps clients accelerate product development cycles and optimize their digital presence.

The firm serves a diverse, global clientele across sectors such as e-commerce, software-as-a-service (SaaS), healthcare, and finance.