Baader Bank Aktiengesellschaft Increases Holdings in Zenvia Inc. (NASDAQ:ZENV)

Key Points

• Baader Bank Aktiengesellschaft boosted its holdings in Zenvia Inc. by 214.9%, acquiring an additional 292,438 shares, raising its total ownership to 428,540 shares valued at approximately $904,000.
• Zenvia reported a net loss of $0.01 earnings per share for the most recent quarter, surpassing analyst expectations of a loss by $0.14 despite facing a significant revenue shortfall.
• The company's current stock price is around $1.50, with a market cap of $77.91 million, and it has experienced a 12-month price range between $1.02 and $3.03.

Baader Bank Aktiengesellschaft raised its holdings in Zenvia Inc. (NASDAQ:ZENV - Free Report) by 214.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 428,540 shares of the company's stock after purchasing an additional 292,438 shares during the quarter. Baader Bank Aktiengesellschaft owned 1.02% of Zenvia worth $904,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. XTX Topco Ltd acquired a new stake in shares of Zenvia in the first quarter valued at $88,000. Two Sigma Securities LLC acquired a new position in Zenvia during the 4th quarter worth $61,000. Finally, NewEdge Advisors LLC acquired a new position in Zenvia during the 4th quarter worth $101,000. 49.25% of the stock is owned by institutional investors and hedge funds.

Zenvia Stock Up 1.3%

ZENV traded up $0.02 on Monday, hitting $1.48. 344 shares of the company were exchanged, compared to its average volume of 88,532. Zenvia Inc. has a twelve month low of $1.02 and a twelve month high of $3.03. The company has a market cap of $76.82 million, a price-to-earnings ratio of -4.62 and a beta of 1.78. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average price of $1.47 and a two-hundred day moving average price of $1.69.

Zenvia (NASDAQ:ZENV - Get Free Report) last released its earnings results on Wednesday, July 2nd. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.13) by $0.14. Zenvia had a negative return on equity of 10.81% and a negative net margin of 8.64%. The firm had revenue of $50.47 million during the quarter, compared to analysts' expectations of $213.34 million. On average, equities analysts predict that Zenvia Inc. will post -0.09 earnings per share for the current year.

Zenvia Company Profile

Zenvia Inc provides customer experience communications platform which empowers businesses to create unique journeys for their end-customers along their life cycle across range of B2C verticals. Zenvia Inc is based in S?O PAULO.