Exela Technologies (NASDAQ:XELAP) Shares Down 6.8% – What’s Next?

Exela Technologies, Inc. (NASDAQ:XELAPGet Free Report)’s stock price traded down 6.8% on Friday . The company traded as low as $0.21 and last traded at $0.21. 2,002 shares traded hands during trading, a decline of 79% from the average session volume of 9,419 shares. The stock had previously closed at $0.22.

Exela Technologies Price Performance

The firm’s 50 day moving average price is $0.33 and its two-hundred day moving average price is $0.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Exela Technologies stock. StoneX Group Inc. purchased a new position in Exela Technologies, Inc. (NASDAQ:XELAPFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 107,816 shares of the company’s stock, valued at approximately $39,000.

Exela Technologies Company Profile

(Get Free Report)

Exela Technologies, Inc provides transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. It operates in three segments: Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal & Loss Prevention Services (LLPS).

Further Reading

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