KORE Group (NYSE:KORE - Get Free Report) is scheduled to be announcing its earnings results on Wednesday, April 3rd.
KORE Group Stock Down 11.7 %
NYSE KORE traded down $0.09 during trading hours on Tuesday, hitting $0.70. The company's stock had a trading volume of 80,440 shares, compared to its average volume of 142,147. KORE Group has a 52 week low of $0.32 and a 52 week high of $1.76. The company has a market capitalization of $60.26 million, a PE ratio of -0.28 and a beta of 2.81. The company has a current ratio of 1.47, a quick ratio of 1.31 and a debt-to-equity ratio of 5.80. The company's 50-day simple moving average is $0.86 and its two-hundred day simple moving average is $0.73.
Hedge Funds Weigh In On KORE Group
Several large investors have recently added to or reduced their stakes in KORE. Vanguard Group Inc. lifted its position in shares of KORE Group by 17.4% during the 3rd quarter. Vanguard Group Inc. now owns 1,508,363 shares of the company's stock worth $913,000 after buying an additional 224,000 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of KORE Group by 9.3% during the 1st quarter. Geode Capital Management LLC now owns 592,639 shares of the company's stock worth $723,000 after buying an additional 50,641 shares in the last quarter. State Street Corp lifted its position in shares of KORE Group by 21.9% during the 3rd quarter. State Street Corp now owns 438,982 shares of the company's stock worth $838,000 after buying an additional 78,826 shares in the last quarter. Northern Trust Corp lifted its position in shares of KORE Group by 400.4% during the 2nd quarter. Northern Trust Corp now owns 282,716 shares of the company's stock worth $868,000 after buying an additional 226,219 shares in the last quarter. Finally, Cantor Fitzgerald L. P. bought a new position in shares of KORE Group during the 2nd quarter worth approximately $192,000. Institutional investors own 57.45% of the company's stock.
KORE Group Company Profile
(
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KORE Group Holdings, Inc provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology and applications for the Machine-to-Machine market.
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