Twenty One Capital (NYSE:XXI) Releases Quarterly Earnings Results

Twenty One Capital (NYSE:XXI) released its quarterly earnings results on Tuesday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports.

Twenty One Capital Price Performance

Shares of XXI opened at $4.57 on Tuesday. The stock has a market cap of $2.98 billion, a PE ratio of -32.64 and a beta of -1.41. The company has a debt-to-equity ratio of 0.19, a quick ratio of 25.22 and a current ratio of 25.22. Twenty One Capital has a fifty-two week low of $4.15 and a fifty-two week high of $12.51. The firm’s 50-day simple moving average is $5.25 and its two-hundred day simple moving average is $6.63.

Analyst Ratings Changes

Several analysts have weighed in on the company. Weiss Ratings raised Twenty One Capital from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, May 14th. Wall Street Zen raised Twenty One Capital from a “strong sell” rating to a “hold” rating in a research report on Saturday, July 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Twenty One Capital has a consensus rating of “Sell”.

Hedge Funds Weigh In On Twenty One Capital

Several large investors have recently made changes to their positions in the business. Schonfeld Strategic Advisors LLC bought a new stake in shares of Twenty One Capital in the 4th quarter worth approximately $91,000. Kovack Advisors Inc. bought a new position in Twenty One Capital during the 4th quarter valued at approximately $127,000. XTX Topco Ltd purchased a new position in Twenty One Capital during the fourth quarter valued at $148,000. Osaic Holdings Inc. purchased a new position in Twenty One Capital during the fourth quarter valued at $148,000. Finally, Squarepoint Ops LLC bought a new stake in Twenty One Capital in the fourth quarter worth $281,000.

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.