FLJ Group Limited (NASDAQ:FLJ – Get Free Report)’s stock price traded up 6.4% during mid-day trading on Monday . The company traded as high as $0.83 and last traded at $0.83. 56,396 shares changed hands during trading, a decline of 79% from the average session volume of 268,177 shares. The stock had previously closed at $0.78.
FLJ Group Stock Performance
The company’s 50 day moving average price is $1.22 and its 200-day moving average price is $1.40.
Institutional Investors Weigh In On FLJ Group
A hedge fund recently bought a new stake in FLJ Group stock. Susquehanna International Group LLP purchased a new position in FLJ Group Limited (NASDAQ:FLJ – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 47,000 shares of the company’s stock, valued at approximately $35,000. Hedge funds and other institutional investors own 0.88% of the company’s stock.
About FLJ Group
FLJ Group Limited operates a long-term apartment rental platform in the People's Republic of China. The company leases apartments from landlords, transforms them into standardized furnished rooms, and leases to people. It also provides internet connection and utility services as part of the lease agreement.
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