Baader Bank Aktiengesellschaft Has $904,000 Stock Position 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 increased its stake in shares of Zenvia Inc. (NASDAQ:ZENV - Free Report) by 214.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 428,540 shares of the company's stock after acquiring an additional 292,438 shares during the period. Baader Bank Aktiengesellschaft owned approximately 1.02% of Zenvia worth $904,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Two Sigma Securities LLC acquired a new stake in Zenvia in the 4th quarter valued at approximately $61,000. XTX Topco Ltd acquired a new stake in Zenvia in the 1st quarter valued at approximately $88,000. Finally, NewEdge Advisors LLC acquired a new stake in Zenvia in the 4th quarter valued at approximately $101,000. 49.25% of the stock is owned by institutional investors and hedge funds.

Zenvia Price Performance

NASDAQ ZENV traded down $0.02 on Friday, reaching $1.46. 8,420 shares of the stock traded hands, compared to its average volume of 24,297. The firm's fifty day simple moving average is $1.47 and its 200 day simple moving average is $1.70. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.04. The company has a market cap of $75.83 million, a price-to-earnings ratio of -4.56 and a beta of 1.78. Zenvia Inc. has a 12 month low of $1.02 and a 12 month high of $3.03.

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

Zenvia 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.