Texxon Holding Limited's (NASDAQ:NPT) Lock-Up Period Set To End on April 20th

Texxon's (NASDAQ:NPT - Get Free Report) lock-up period is set to end on Monday, April 20th. Texxon had issued 1,900,000 shares in its IPO on October 22nd. The total size of the offering was $9,500,000 based on an initial share price of $5.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.Analyst Ratings ChangesA number of analysts have recently weighed in on NPT shares. Weiss Ratings started coverage on shares of Texxon in a report on Friday, January 16th. They set a "sell (e-)" rating for the company. Wall Street Zen raised shares of Texxon from a "sell" rating to a "hold" rating in a report on Saturday, March 28th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Sell".Get Our Latest Research Report on TexxonTexxon Trading Up 5.1%Texxon stock opened at $10.31 on Monday. The company has a 50-day simple moving average of $9.26. Texxon has a 12-month low of $3.14 and a 12-month high of $22.38. Texxon Company Profile (Get Free Report)Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China. See AlsoFive stocks we like better than TexxonThis 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 Texxon Right Now?Before you consider Texxon, 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 Texxon wasn't on the list.While Texxon currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here