BingEx (NASDAQ:FLX) Shares Gap Down – Time to Sell?

BingEx Limited (NASDAQ:FLXGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $9.20, but opened at $8.90. BingEx shares last traded at $8.85, with a volume of 847 shares.

BingEx Stock Performance

The business has a 50-day moving average of $8.50.

Institutional Investors Weigh In On BingEx

A hedge fund recently bought a new stake in BingEx stock. Millennium Management LLC bought a new stake in BingEx Limited (NASDAQ:FLXFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 41,405 shares of the company’s stock, valued at approximately $335,000. Millennium Management LLC owned 0.06% of BingEx at the end of the most recent reporting period.

BingEx Company Profile

(Get Free Report)

BingEx Limited, through its subsidiaries, provides on-demand courier services under the FlashEx brand name in the People’s Republic of China. The company offers Flash-Riders as service providers. It serves individual and business customers, including local retailers, restaurants, and logistics players through its mobile platform and website.

Featured Stories

Receive News & Ratings for BingEx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BingEx and related companies with MarketBeat.com's FREE daily email newsletter.