Exodus Movement's (EXOD) Buy Rating Reiterated at HC Wainwright

Exodus Movement (NYSEAMERICAN:EXOD - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at HC Wainwright in a research note issued to investors on Thursday,Benzinga reports. They currently have a $25.00 price target on the stock. HC Wainwright's target price indicates a potential upside of 71.94% from the stock's previous close.Get Exodus Movement alerts:A number of other equities research analysts have also recently weighed in on the stock. Singular Research raised shares of Exodus Movement to a "strong-buy" rating in a research note on Tuesday, November 18th. BTIG Research restated a "buy" rating and set a $40.00 target price on shares of Exodus Movement in a research note on Tuesday, November 25th. Benchmark restated a "buy" rating on shares of Exodus Movement in a report on Tuesday, November 25th. Finally, Zacks Research lowered Exodus Movement from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $48.14.Read Our Latest Research Report on EXODExodus Movement Price PerformanceNYSEAMERICAN:EXOD opened at $14.54 on Thursday. The firm has a market cap of $426.46 million, a price-to-earnings ratio of 4.43 and a beta of 0.50. The company has a 50 day moving average price of $20.07 and a 200-day moving average price of $26.33. Exodus Movement has a 1-year low of $13.31 and a 1-year high of $117.40. Exodus Movement (NYSEAMERICAN:EXOD - Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported $0.53 earnings per share for the quarter. The company had revenue of $30.34 million during the quarter. Exodus Movement had a return on equity of 27.16% and a net margin of 79.42%. On average, sell-side analysts anticipate that Exodus Movement will post 1.62 earnings per share for the current fiscal year. Institutional Investors Weigh In On Exodus MovementSeveral institutional investors have recently modified their holdings of EXOD. State of Wyoming acquired a new stake in shares of Exodus Movement in the third quarter valued at approximately $58,000. Hennion & Walsh Asset Management Inc. acquired a new position in Exodus Movement in the 3rd quarter valued at $209,000. Hussman Strategic Advisors Inc. purchased a new position in Exodus Movement during the third quarter worth about $233,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Exodus Movement during the 1st quarter valued at about $262,000. Finally, Vident Advisory LLC purchased a new position in shares of Exodus Movement during the 2nd quarter worth about $369,000. Exodus Movement Company Profile (Get Free Report)Exodus Movement, Inc develops blockchain asset investors platform to secure, exchange and manage wealth inside one application. The company was founded by Daniel Castagnoli and Jon Paul Richardson in 2015 and is headquartered in Omaha, NE. Further ReadingFive stocks we like better than Exodus MovementHow to Evaluate a Stock Before Buying Cannabis Stocks Up for Reversal: Pipedreams or Opportunity?Low PE Growth Stocks: Unlocking Investment OpportunitiesRate Cuts Make These 3 Income ETFs More Attractive Than EverSpecial Purpose Acquisition Company (SPAC) What You Need to Know Post 35% Surge, Analysts Eye More Upside in Copper Giant FreeportThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Exodus Movement Right Now?Before you consider Exodus Movement, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exodus Movement wasn't on the list.While Exodus Movement currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here