FiscalNote (NYSE:NOTE) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

FiscalNote Holdings, Inc. (NYSE:NOTEGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.49 and traded as low as $0.1085. FiscalNote shares last traded at $0.1085, with a volume of 471,037 shares trading hands.

FiscalNote Stock Up 2.2%

The stock has a 50 day moving average price of $0.13 and a 200 day moving average price of $0.49. The stock has a market capitalization of $2.89 million, a price-to-earnings ratio of -0.02 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 2.03.

Institutional Investors Weigh In On FiscalNote

Several hedge funds have recently added to or reduced their stakes in the business. Corecam AG bought a new stake in FiscalNote during the 4th quarter worth approximately $73,000. NewEdge Advisors LLC lifted its holdings in shares of FiscalNote by 95.2% during the fourth quarter. NewEdge Advisors LLC now owns 84,261 shares of the company’s stock worth $124,000 after purchasing an additional 41,090 shares during the period. XTX Topco Ltd lifted its holdings in shares of FiscalNote by 131.4% during the fourth quarter. XTX Topco Ltd now owns 35,516 shares of the company’s stock worth $52,000 after purchasing an additional 20,166 shares during the period. Price T Rowe Associates Inc. MD bought a new stake in shares of FiscalNote in the fourth quarter worth $36,000. Finally, Stonehill Capital Management LLC grew its stake in shares of FiscalNote by 55.9% in the fourth quarter. Stonehill Capital Management LLC now owns 221,050 shares of the company’s stock worth $325,000 after purchasing an additional 79,299 shares during the last quarter. 54.31% of the stock is currently owned by institutional investors and hedge funds.

About FiscalNote

(Get Free Report)

FiscalNote is a technology and data services company specializing in government and regulatory intelligence. Founded in 2013 by Timothy Hwang, Gerald Yao and Jonathan Chen, the company is headquartered in Washington, DC, with additional offices in New York, Brussels, London, Singapore and Hong Kong. FiscalNote went public in March 2021 through a special-purpose acquisition company (SPAC) merger and is listed on the New York Stock Exchange under the ticker NOTE.

The company’s flagship software-as-a-service platform aggregates legislative and regulatory data from jurisdictions around the world, combining that information with AI-driven analytics and expert commentary.

Further Reading

Receive News & Ratings for FiscalNote Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FiscalNote and related companies with MarketBeat.com's FREE daily email newsletter.