Zenvia (NASDAQ:ZENV) Posts Quarterly Earnings Results

Zenvia (NASDAQ:ZENV) released its earnings results on Thursday. The company reported ($0.06) earnings per share for the quarter, reports. The firm had revenue of $44.79 million during the quarter, compared to analyst estimates of $42.38 million. Zenvia had a negative return on equity of 19.84% and a negative net margin of 24.29%.

Zenvia Stock Performance

ZENV opened at $1.05 on Friday. Zenvia has a 1-year low of $0.63 and a 1-year high of $1.79. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.56 and a quick ratio of 0.56. The company has a market capitalization of $43.76 million, a price-to-earnings ratio of -1.18 and a beta of 1.46. The business has a 50 day moving average price of $1.14 and a two-hundred day moving average price of $0.92.

Hedge Funds Weigh In On Zenvia

A number of hedge funds have recently modified their holdings of the stock. Whetstone Capital Advisors LLC boosted its holdings in Zenvia by 29.7% during the second quarter. Whetstone Capital Advisors LLC now owns 830,708 shares of the company’s stock valued at $631,000 after acquiring an additional 190,040 shares during the period. Goldman Sachs Group Inc. bought a new stake in Zenvia during the second quarter valued at about $464,000. Renaissance Technologies LLC boosted its holdings in Zenvia by 75.7% during the second quarter. Renaissance Technologies LLC now owns 49,200 shares of the company’s stock valued at $37,000 after acquiring an additional 21,200 shares during the period. FNY Investment Advisers LLC boosted its holdings in Zenvia by 333.3% during the second quarter. FNY Investment Advisers LLC now owns 39,000 shares of the company’s stock valued at $29,000 after acquiring an additional 30,000 shares during the period. Finally, Mackenzie Financial Corp boosted its holdings in Zenvia by 35.3% during the first quarter. Mackenzie Financial Corp now owns 24,617 shares of the company’s stock valued at $150,000 after acquiring an additional 6,417 shares during the period. 4.38% of the stock is 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.