Coincheck Group (NASDAQ:CNCK) Now Covered by Analysts at Cantor Fitzgerald

Cantor Fitzgerald started coverage on shares of Coincheck Group (NASDAQ:CNCK) in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports. The firm issued an overweight rating and a $10.00 target price on the stock.

Coincheck Group Stock Down 3.3 %

Shares of CNCK stock opened at $7.03 on Wednesday. Coincheck Group has a 12 month low of $6.55 and a 12 month high of $14.42.

Institutional Trading of Coincheck Group

Hedge funds have recently modified their holdings of the business. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Coincheck Group in the 4th quarter worth about $25,000. Jane Street Group LLC purchased a new position in shares of Coincheck Group in the 4th quarter worth about $134,000. Geode Capital Management LLC purchased a new position in shares of Coincheck Group in the 4th quarter worth about $137,000. Moore Capital Management LP purchased a new position in shares of Coincheck Group in the 4th quarter worth about $267,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Coincheck Group in the 4th quarter worth about $362,000. Institutional investors own 33.22% of the company’s stock.

About Coincheck Group

Coincheck Group NV. is a Dutch public limited liability company and a holding company of Coincheck, Inc which operates one of the largest multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and is regulated by the Financial Services Agency of Japan. The company was founded on February 18, 2022 and is headquartered in Amsterdam, Netherland.