Credit Suisse AG has recently announced that it has increased stake in Helbiz Inc. (NASDAQ:HLBZ) by 104.07%. After grabbing 1.92 million shares, the institutional investor is now in possession of 0.98 million shares of the Consumer Cyclical Company. The new investment brought the stake of investor firm to 3.85% having worth around $0.56 million. Moreover, Renaissance Technologies LLC increased its share by 0.18 million to have a control over 0.19 million shares. And Jane Street Capital LLC raised its holdings to 32827.0 shares by acquiring 32827.0 shares or 0.07% of the stake.
Helbiz Inc. (HLBZ) concluded trading on 11/17/22 at a closing price of $0.18, with 5.63 million shares of worth about $1.01 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -84.88% during that period and on Thursday the price remained unchanged. Currently the company’s common shares owned by public are about 83.87M shares, out of which, 42.87M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 10 times over the past 12 months. They bought 5,231,527 shares in 10 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Vanguard Total Stock Market Index, Vanguard Extended Market Index Fu, and iShares Tr. – Micro Cap ETF are the top 3 mutual funds which are holding stakes in Helbiz Inc. Vanguard Total Stock Market Index is currently holding 0.39 million shares of worth totaling $0.11 million. The company recently came buying 0.31 million shares which brought its stake up to 0.78% of the company’s outstanding shares. iShares Tr. – Micro Cap ETF, after buying 33872.0 shares, have now control over 0.07% of the stake in the company. It holds 0.0 shares of worth $9924.0.
Stock saw a price change of -4.14% in past 5 days and over the past one month there was a price change of -46.18%. Year-to-date (YTD), HLBZ shares are showing a performance of -96.67% which decreased to -98.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.17 but also hit the highest price of $10.29 during that period. The average intraday trading volume for Helbiz Inc. shares is 4.80 million. The stock is currently trading -25.74% below its 20-day simple moving average (SMA20), while that difference is down -47.00% for SMA50 and it goes to -86.51% lower than SMA200.
Credit Suisse AG acquired 1.92 million shares of Helbiz Inc. having value of about $0.56 million. Data submitted at the U.S SEC by Credit Suisse AG revealed that the firm now holds 0.98 million shares in the company valued at close to $176090.76, or have control over 104.07% stake in the company. Helbiz Inc. (NASDAQ: HLBZ) currently have 83.87M outstanding shares and institutions hold larger chunk of about 3.20% of that. Holding of mutual funds in the company is about 12.08% while other institutional holders and individual stake holders have control over 3.94% and 1.14% of the stake respectively.
The stock has a current market capitalization of $13.88M. It has posted earnings per share of -$3.04 in the same period. It has Quick Ratio of 0.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HLBZ, volatility over the week remained 14.00% while standing at 16.33% over the month.
Analysts are in expectations that Helbiz Inc. (HLBZ) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -306.30%.