Zenvia (NASDAQ:ZENV) Shares Down 3.4% – Time to Sell?

Shares of Zenvia Inc. (NASDAQ:ZENVGet Free Report) were down 3.4% during trading on Monday . The stock traded as low as $0.7577 and last traded at $0.84. Approximately 26,978 shares traded hands during mid-day trading, an increase of 41% from the average daily volume of 19,177 shares. The stock had previously closed at $0.87.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Zenvia in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Get Our Latest Analysis on Zenvia

Zenvia Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.38 and a quick ratio of 0.38. The company has a 50-day simple moving average of $0.94 and a 200-day simple moving average of $1.22. The stock has a market cap of $43.63 million, a PE ratio of -2.10 and a beta of 1.76.

Institutional Investors Weigh In On Zenvia

An institutional investor recently raised its position in Zenvia stock. Goldman Sachs Group Inc. lifted its position in shares of Zenvia Inc. (NASDAQ:ZENVFree Report) by 104.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,644 shares of the company’s stock after acquiring an additional 33,556 shares during the quarter. Goldman Sachs Group Inc. owned 0.16% of Zenvia worth $139,000 at the end of the most recent quarter. 49.25% of the stock is currently owned by hedge funds and other institutional investors.

Zenvia Company Profile

(Get Free Report)

Zenvia SA (NASDAQ: ZENV) is a Brazilian-based cloud communications company that provides businesses with a platform to automate, orchestrate and optimize customer interactions across digital channels. Listing on Nasdaq positions Zenvia among the first Latin American tech platforms to access U.S. public markets, enabling it to expand its reach and invest in next-generation customer engagement tools. The company’s core offering allows enterprises to deliver personalized messages, notifications and support through SMS, WhatsApp, voice, email and popular social messaging apps.

Zenvia’s product suite includes a developer-friendly API, a user-centric messaging portal and AI-powered chatbots designed to streamline customer service workflows and drive engagement.

Further Reading

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