Zenvia (NASDAQ:ZENV) Shares Up 7% - Time to Buy?

Zenvia Inc. (NASDAQ:ZENV - Get Free Report) was up 7% on Friday . The stock traded as high as $1.52 and last traded at $1.52. Approximately 9,484 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 76,545 shares. The stock had previously closed at $1.42.

Zenvia Trading Down 4.0 %

The firm has a market cap of $62.32 million, a price-to-earnings ratio of -6.47 and a beta of 1.85. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.05. The business has a 50 day moving average price of $1.60 and a 200-day moving average price of $1.79.

Institutional Trading of Zenvia

A hedge fund recently bought a new stake in Zenvia stock. NewEdge Advisors LLC bought a new stake in Zenvia Inc. (NASDAQ:ZENV - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 43,431 shares of the company's stock, valued at approximately $101,000. NewEdge Advisors LLC owned 0.10% of Zenvia at the end of the most recent quarter. Hedge funds and other institutional investors own 49.25% of the company's stock.

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.