Gaxos.ai Inc. (NASDAQ:GXAI – Get Free Report)’s share price was up 4.3% during trading on Tuesday . The company traded as high as $1.27 and last traded at $1.20. Approximately 452,970 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 885,455 shares. The stock had previously closed at $1.15.
Gaxos.ai Trading Up 4.1 %
The stock’s fifty day moving average is $1.58 and its 200 day moving average is $2.45.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Gaxos.ai stock. Murchinson Ltd. acquired a new stake in shares of Gaxos.ai Inc. (NASDAQ:GXAI – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,207 shares of the company’s stock, valued at approximately $81,000. Murchinson Ltd. owned 1.21% of Gaxos.ai at the end of the most recent quarter. 42.62% of the stock is currently owned by institutional investors.
About Gaxos.ai
Gaxos.ai Inc engages in developing artificial intelligence applications for various sectors. Its portfolio includes applications in mental and physical wellbeing, coaching, and gaming. In addition, it offers Gaxos, a gaming platform develop, design, acquire, and manage conventional games and combine these games with unconventional game mechanisms.
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