Nvni Group (NASDAQ:NVNI - Get Free Report) was upgraded by stock analysts at Wall Street Zen to a "hold" rating in a research report issued on Saturday.
Nvni Group Stock Performance
NVNI stock traded down $0.02 during midday trading on Friday, reaching $0.63. The stock had a trading volume of 4,243,422 shares, compared to its average volume of 18,055,287. The firm has a fifty day simple moving average of $0.37 and a two-hundred day simple moving average of $1.01. Nvni Group has a 52-week low of $0.14 and a 52-week high of $12.19.
Hedge Funds Weigh In On Nvni Group
Several institutional investors and hedge funds have recently modified their holdings of the business. Two Sigma Securities LLC purchased a new stake in Nvni Group during the 4th quarter worth approximately $32,000. Geode Capital Management LLC lifted its stake in Nvni Group by 25.4% during the fourth quarter. Geode Capital Management LLC now owns 15,365 shares of the company's stock worth $38,000 after purchasing an additional 3,113 shares in the last quarter. Drive Wealth Management LLC acquired a new stake in shares of Nvni Group in the first quarter valued at $90,000. Jane Street Group LLC acquired a new stake in shares of Nvni Group in the fourth quarter valued at $190,000. Finally, Anson Funds Management LP acquired a new stake in shares of Nvni Group in the fourth quarter valued at $1,288,000. Hedge funds and other institutional investors own 0.49% of the company's stock.
Nvni Group Company Profile
(
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Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.
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