Shares of X3 Holdings Co Ltd. (NASDAQ:XTKG – Get Free Report) traded down 5.6% during mid-day trading on Friday . The company traded as low as $0.20 and last traded at $0.20. 124,137 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 257,827 shares. The stock had previously closed at $0.21.
X3 Stock Performance
The company has a 50 day moving average of $0.34 and a 200-day moving average of $0.55.
Institutional Investors Weigh In On X3
A hedge fund recently bought a new stake in X3 stock. Marshall Wace LLP acquired a new stake in shares of X3 Holdings Co Ltd. (NASDAQ:XTKG – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned about 19.23% of X3 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.85% of the company’s stock.
About X3
X3 Holdings Co Ltd. provides technology solutions and services worldwide. The company offers Global Trade Platform, a digital platform for trading partners, service providers, and government authorities. It also engages in bitcoin cryptomining operations, renewable energy projects, and agriculture technologies and trading.
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