BingEx (NASDAQ:FLX) Trading Up 9.9% – Should You Buy?

BingEx Limited (NASDAQ:FLXGet Free Report) shot up 9.9% during trading on Monday . The stock traded as high as $11.73 and last traded at $11.70. 8,872 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 61,820 shares. The stock had previously closed at $10.65.

BingEx Stock Performance

The company’s 50 day simple moving average is $11.40.

About BingEx

(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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