Shares of BingEx Limited (NASDAQ:FLX – Get Free Report) traded down 5.2% during mid-day trading on Thursday . The stock traded as low as $8.45 and last traded at $8.49. 6,414 shares were traded during trading, a decline of 87% from the average session volume of 47,907 shares. The stock had previously closed at $8.96.
BingEx Price Performance
The company has a 50-day moving average price of $8.45.
Institutional Investors Weigh In On BingEx
A hedge fund recently bought a new stake in BingEx stock. Millennium Management LLC purchased a new stake in BingEx Limited (NASDAQ:FLX – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 41,405 shares of the company’s stock, valued at approximately $335,000. Millennium Management LLC owned 0.06% of BingEx as of its most recent SEC filing.
About BingEx
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.
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