BingEx (NASDAQ:FLX) Sees Unusually-High Trading Volume – Still a Buy?

Shares of BingEx Limited (NASDAQ:FLXGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 9,920 shares changed hands during trading, a decline of 46% from the previous session’s volume of 18,365 shares.The stock last traded at $8.63 and had previously closed at $8.61.

BingEx Price Performance

The firm’s 50-day moving average price is $8.40.

BingEx (NASDAQ:FLXGet Free Report) last issued its quarterly earnings results on Wednesday, November 27th. The company reported $0.12 EPS for the quarter.

BingEx Company Profile

(Get Free Report)

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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