Upexi (NASDAQ:UPXI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Upexi (NASDAQ:UPXI) from a sell rating to a hold rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Other equities analysts have also issued reports about the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Upexi in a report on Friday, September 4th. Cantor Fitzgerald boosted their price target on Upexi from $1.30 to $2.00 and gave the stock an “overweight” rating in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Upexi currently has an average rating of “Hold” and a consensus price target of $5.00.

Upexi Price Performance

Shares of NASDAQ:UPXI opened at $1.10 on Friday. The firm’s 50 day moving average is $0.90 and its two-hundred day moving average is $1.03. The firm has a market capitalization of $86.57 million, a P/E ratio of -1.77 and a beta of -0.21. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 2.96. Upexi has a 52 week low of $0.54 and a 52 week high of $7.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Engineers Gate Manager LP increased its stake in shares of Upexi by 47.1% during the second quarter. Engineers Gate Manager LP now owns 77,738 shares of the company’s stock valued at $61,000 after acquiring an additional 24,885 shares during the period. OMERS ADMINISTRATION Corp lifted its position in Upexi by 19.4% in the first quarter. OMERS ADMINISTRATION Corp now owns 120,800 shares of the company’s stock worth $119,000 after purchasing an additional 19,600 shares during the period. J. Derek Lewis & Associates Inc. acquired a new stake in Upexi in the fourth quarter worth approximately $255,000. Caitong International Asset Management Co. Ltd bought a new position in Upexi during the 4th quarter valued at $268,000. Finally, Aristides Capital LLC bought a new position in Upexi during the 4th quarter valued at $100,000. 5.68% of the stock is currently owned by institutional investors.

Upexi Company Profile

Upexi (NASDAQ: UPXI) is a full-service digital consultancy that partners with brands to design, develop, and deploy digital products and marketing strategies. The company’s expertise spans user experience and interface design, custom software engineering, and data-driven marketing services. By integrating research, creative design, and technical execution, Upexi helps clients accelerate product development cycles and optimize their digital presence.

The firm serves a diverse, global clientele across sectors such as e-commerce, software-as-a-service (SaaS), healthcare, and finance.