Helbiz Inc. (HLBZ) is ready for next Episode as it posted an annual sales of 12,830 K

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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A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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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.


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