Alliance Global Partners initiated coverage on shares of Upexi (NASDAQ:UPXI – Get Rating) in a report published on Wednesday, The Fly reports. The firm issued a buy rating on the stock.
Separately, EF Hutton Acquisition Co. I reiterated a buy rating and issued a $7.00 price target on shares of Upexi in a report on Wednesday, February 15th.
Upexi Stock Up 2.9 %
Shares of NASDAQ UPXI opened at $3.20 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.56 and a debt-to-equity ratio of 0.52. The firm’s fifty day moving average is $4.04 and its two-hundred day moving average is $3.92. Upexi has a 52-week low of $2.53 and a 52-week high of $6.08.
Insider Buying and Selling
Institutional Investors Weigh In On Upexi
Several large investors have recently added to or reduced their stakes in UPXI. Renaissance Technologies LLC purchased a new stake in Upexi in the 1st quarter valued at about $54,000. BlackRock Inc. bought a new stake in shares of Upexi in the 1st quarter valued at about $71,000. Finally, Geode Capital Management LLC bought a new stake in shares of Upexi in the 1st quarter valued at about $246,000. 3.05% of the stock is owned by hedge funds and other institutional investors.
Upexi, Inc manufacture and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc and changed its name to Upexi, Inc in August 2022. Upexi, Inc was incorporated in 2018 and is headquartered in Clearwater, Florida.
- Get a free copy of the StockNews.com research report on Upexi (UPXI)
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