Coincheck Group (NASDAQ:CNCK) Research Coverage Started at Cantor Fitzgerald

Cantor Fitzgerald assumed coverage on shares of Coincheck Group (NASDAQ:CNCK) in a research note published on Wednesday, MarketBeat Ratings reports. The firm issued an overweight rating and a $10.00 price objective on the stock.

Coincheck Group Price Performance

CNCK opened at $6.32 on Wednesday. Coincheck Group has a 1 year low of $6.32 and a 1 year high of $14.42.

Hedge Funds Weigh In On Coincheck Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Coincheck Group in the 4th quarter valued at approximately $25,000. Shay Capital LLC bought a new stake in shares of Coincheck Group in the 4th quarter valued at approximately $1,005,000. Moore Capital Management LP bought a new stake in shares of Coincheck Group in the 4th quarter valued at approximately $267,000. Linden Advisors LP bought a new position in shares of Coincheck Group during the fourth quarter valued at $1,397,000. Finally, Balyasny Asset Management L.P. bought a new position in shares of Coincheck Group during the fourth quarter valued at $362,000. 33.22% of the stock is owned by institutional investors.

Coincheck Group Company Profile

Coincheck Group NV. is a Dutch public limited liability company and a holding company of Coincheck, Inc which operates one of the largest multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and is regulated by the Financial Services Agency of Japan. The company was founded on February 18, 2022 and is headquartered in Amsterdam, Netherland.