Home  »  Science   »  Helbiz Inc. (NASDAQ: HLBZ) Has Succeeded In Gainin...

Helbiz Inc. (NASDAQ: HLBZ) Has Succeeded In Gaining Momentum In 2023, The Stock Is Down -5.13% YTD

Helbiz Inc. (NASDAQ:HLBZ)’s traded shares stood at 15.38 million during the last session. At the close of trading, the stock’s price was $0.12, to imply a decrease of -6.92% or -$0.01 in intraday trading. The HLBZ share’s 52-week high remains $3.66, putting it -2950.0% down since that peak but still an impressive 8.33% since price per share fell to its 52-week low of $0.11. The company has a valuation of $37.62M, with an average of 27.95 million shares in intraday trading volume over the past 10 days and average of 64.70 million shares over the past 3 months.

Analysts have given a consensus recommendation of a Buy for Helbiz Inc. (HLBZ), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give HLBZ a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free.


Helbiz Inc. (NASDAQ:HLBZ) trade information

After registering a -6.92% downside in the last session, Helbiz Inc. (HLBZ) has traded red over the past five days. The stock hit a weekly high of 0.1490 this Wednesday, 03/15/23, dropping -6.92% in its intraday price action. The 5-day price performance for the stock is -11.51%, and -24.10% over 30 days. With these gigs, the year-to-date price performance is -5.13%. Short interest in Helbiz Inc. (NASDAQ:HLBZ) saw shorts transact 14.91 million shares and set a 0.11 days time to cover.

Analysts on Wall Street suggest a consensus price target of $13.00, implying an increase of 99.08% to the stock’s current value. The extremes give us $13.00 and $13.00 for target low and target high price respectively. As such, HLBZ has been trading -10733.33% off suggested target high and -10733.33% from its likely low.

Helbiz Inc. (HLBZ) estimates and forecasts

Revenue forecast for the current quarter as set by 1 analysts is $4.13 million. Meanwhile, for the quarter ending Mar 2022, a total of 1 analyst(s) estimate revenue growth to $9.4 million.

HLBZ Dividends

Helbiz Inc. has its next earnings report out on November 14. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Helbiz Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Helbiz Inc. (NASDAQ:HLBZ)’s Major holders

Helbiz Inc. insiders hold 14.74% of total outstanding shares, with institutional holders owning 1.62% of the shares at 1.90% float percentage. In total, 1.62% institutions holds shares in the company, led by Credit Suisse AG. As of Sep 29, 2022, the company held over 1.92 million shares (or 0.84% of shares), all amounting to roughly $0.68 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 0.49 million shares, or about 0.22% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $0.17 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Helbiz Inc. (HLBZ) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 0.39 million shares. This is just over 0.17% of the total shares, with a market valuation of $0.14 million. Data from the same date shows that the other fund manager holds a little less at 0.11 million, or 0.05% of the shares, all valued at about 37471.0.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts