Twenty One Capital (NYSE:XXI) Stock Rating Lowered by Wall Street Zen

Twenty One Capital (NYSE:XXI) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings assumed coverage on Twenty One Capital in a research note on Friday, February 13th. They issued a “sell (d-)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Twenty One Capital Price Performance

Shares of XXI opened at $5.75 on Friday. Twenty One Capital has a 1-year low of $5.66 and a 1-year high of $12.51. The company’s 50-day moving average is $8.33. The company has a market cap of $3.75 billion, a price-to-earnings ratio of -95.83 and a beta of -4.82.

Hedge Funds Weigh In On Twenty One Capital

Several institutional investors and hedge funds have recently modified their holdings of the stock. XTX Topco Ltd purchased a new stake in Twenty One Capital during the 4th quarter valued at about $148,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of Twenty One Capital during the fourth quarter valued at approximately $91,000. Cetera Investment Advisers bought a new stake in shares of Twenty One Capital during the fourth quarter valued at approximately $425,000. Pantera Capital Partners LP purchased a new position in Twenty One Capital in the 4th quarter worth approximately $2,956,000. Finally, Cantor Fitzgerald L. P. bought a new stake in shares of Twenty One Capital in the 4th quarter worth $49,843,000.

Twenty One Capital Company Profile

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.