The price of Upexi Inc (NASDAQ:UPXI) shares last traded on Wall Street rose 27.04% to $8.55.
UPXI stock price is now 119.32% away from the 50-day moving average and -11.29% away from the 200-day moving average. The market capitalization of the company currently stands at $8.89M.
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In other news, MARSHALL ALLAN, CHIEF EXECUTIVE OFFICER bought 64,150 shares of the company’s stock on Mar 12 ’24. The stock was bought for $36,566 at an average price of $0.57. Upon completion of the transaction, the CHIEF EXECUTIVE OFFICER now directly owns 2,939,654 shares in the company, valued at $25.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11 ’24, CHIEF EXECUTIVE OFFICER MARSHALL ALLAN bought 13,623 shares of the business’s stock. A total of $8,174 was incurred on buying the stock at an average price of $0.60. This leaves the insider owning 2,875,504 shares of the company worth $24.59 million. A total of 27.38% of the company’s stock is owned by insiders.
During the past 12 months, Upexi Inc has had a low of $2.17 and a high of $33.00. As of last week, the company has a debt-to-equity ratio of 1.29, a current ratio of 0.70, and a quick ratio of 0.33. The fifty day moving average price for UPXI is $3.8991 and a two-hundred day moving average price translates $9.639575 for the stock.
The latest earnings results from Upexi Inc (NASDAQ: UPXI) was released for 2024-03-31. The net profit margin was -29.04% and return on equity was -72.85% for UPXI. The company reported revenue of $14.45 million for the quarter, compared to $21.88 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -33.99 percent.
