Shares of Texxon Holding Limited (NASDAQ:NPT – Get Free Report) traded down 4.6% during mid-day trading on Friday. The stock traded as low as $1.72 and last traded at $1.7650. 12,547 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 16,950 shares. The stock had previously closed at $1.85.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on the company. Wall Street Zen raised Texxon from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings upgraded Texxon from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Texxon currently has a consensus rating of “Sell”.
Read Our Latest Research Report on Texxon
Texxon Stock Down 4.6%
The stock has a fifty day simple moving average of $2.63 and a 200-day simple moving average of $4.43.
About Texxon
Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.
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