StableX Technologies (NASDAQ:SBLX) Announces Quarterly Earnings Results

StableX Technologies (NASDAQ:SBLX) issued its quarterly earnings data on Monday. The company reported ($16.06) EPS for the quarter, FiscalAI reports.

StableX Technologies Stock Up 3.9%

SBLX opened at $1.85 on Wednesday. The company has a market cap of $2.69 million, a PE ratio of -0.05 and a beta of 2.20. StableX Technologies has a twelve month low of $1.64 and a twelve month high of $10.72. The company has a 50-day moving average price of $2.53 and a 200 day moving average price of $3.46.

Institutional Investors Weigh In On StableX Technologies

Large investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in StableX Technologies during the fourth quarter worth $25,000. Geode Capital Management LLC acquired a new stake in shares of StableX Technologies in the 4th quarter worth $25,000. HRT Financial LP purchased a new position in shares of StableX Technologies during the 4th quarter worth $32,000. Virtu Financial LLC acquired a new position in shares of StableX Technologies during the 4th quarter valued at about $48,000. Finally, Certuity LLC acquired a new position in shares of StableX Technologies during the 3rd quarter valued at about $100,000. 5.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of StableX Technologies in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, StableX Technologies has an average rating of “Sell”.

StableX Technologies Company Profile

Ayro, Inc designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. The company provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. It also offers AYRO vehicles to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, and cargo services; and Club Car 411 for low-speed logistics and cargo services for campus.