Zenvia (NASDAQ:ZENV) Announces Quarterly Earnings Results

Key Points

• Zenvia reported a quarterly EPS of ($0.14), missing the consensus estimate of ($0.13) by ($0.01).
• The company has a negative return on equity of 10.81% and a market capitalization of $66.22 million.
• Goldman Sachs Group Inc. increased its stake in Zenvia by 104.6%, now owning approximately 0.16% of the company.

Zenvia (NASDAQ:ZENV - Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.01), Zacks reports. Zenvia had a negative return on equity of 10.81% and a negative net margin of 8.64%.

Zenvia Price Performance

NASDAQ ZENV traded down $0.06 during mid-day trading on Friday, hitting $1.28. The stock had a trading volume of 56,390 shares, compared to its average volume of 84,853. The firm's 50 day moving average is $1.53 and its 200 day moving average is $1.53. Zenvia has a twelve month low of $1.02 and a twelve month high of $3.03. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.44 and a quick ratio of 0.44. The stock has a market capitalization of $66.22 million, a price-to-earnings ratio of -3.98 and a beta of 1.79.

Hedge Funds Weigh In On Zenvia

A hedge fund recently raised its stake in Zenvia stock. Goldman Sachs Group Inc. raised its position in Zenvia Inc. (NASDAQ:ZENV - Free Report) by 104.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,644 shares of the company's stock after acquiring an additional 33,556 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.16% of Zenvia worth $139,000 as of its most recent SEC filing. 49.25% of the stock is currently owned by institutional investors and hedge funds.

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.

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