A new trading day began on January 24, 2023, with Helbiz Inc. (NASDAQ: HLBZ) stock priced at $0.4231, down -3.76% from the previous day of trading. During the day, the shares moved up to $0.554 and dropped to $0.3692 before settling in for the closing price of $0.43. HLBZ’s price has ranged from $0.11 to $4.42 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -306.30%. With a float of $81.19 million, this company’s outstanding shares have now reached $129.61 million.
Let’s look at the performance matrix of the company that is accounted for 355 employees. In terms of profitability, gross margin is -164.77, operating margin of -457.74, and the pretax margin is -561.95.
Helbiz Inc. (HLBZ) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Recreational Vehicles Industry. The insider ownership of Helbiz Inc. is 8.40%, while institutional ownership is 3.40%. The most recent insider transaction that took place on Jan 03, was worth 84,500. In this transaction Chief Executive Officer of this company bought 650,000 shares at a rate of $0.13, taking the stock ownership to the 11,228,925 shares. Before that another transaction happened on Dec 29, when Company’s Chief Executive Officer bought 1,568,249 for $0.12, making the entire transaction worth $188,190. This insider now owns 11,147,174 shares in total.
Helbiz Inc. (HLBZ) Performance Highlights and Predictions
In its latest quarterly report, released on 9/29/2021, the company reported earnings of -$1.09 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -560.78 while generating a return on equity of -305.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -306.30% per share during the next fiscal year.
Helbiz Inc. (NASDAQ: HLBZ) Trading Performance Indicators
Here are Helbiz Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.02
Technical Analysis of Helbiz Inc. (HLBZ)
Helbiz Inc. (NASDAQ: HLBZ) saw its 5-day average volume 364.04 million, a positive change from its year-to-date volume of 133.79 million. As of the previous 9 days, the stock’s Stochastic %D was 62.70%. Additionally, its Average True Range was 0.07.
During the past 100 days, Helbiz Inc.’s (HLBZ) raw stochastic average was set at 46.93%, which indicates a significant decrease from 67.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 376.73% in the past 14 days, which was higher than the 219.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1844, while its 200-day Moving Average is $0.6965. Nevertheless, the first resistance level for the watch stands at $0.5196 in the near term. At $0.6292, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7044. If the price goes on to break the first support level at $0.3348, it is likely to go to the next support level at $0.2596. Assuming the price breaks the second support level, the third support level stands at $0.1500.
Helbiz Inc. (NASDAQ: HLBZ) Key Stats
With a market capitalization of 32.16 million, the company has a total of 93,288K Shares Outstanding. Currently, annual sales are 12,830 K while annual income is -71,970 K. The company’s previous quarter sales were 3,680 K while its latest quarter income was -24,560 K.