Itau BBA Securities lowered shares of Zenvia (NASDAQ:ZENV – Get Rating) from an outperform rating to a market perform rating in a research note published on Wednesday, The Fly reports. Itau BBA Securities currently has $1.80 price target on the stock, down from their previous price target of $11.00.
Several other brokerages also recently issued reports on ZENV. The Goldman Sachs Group lowered their price objective on shares of Zenvia from $3.40 to $2.90 and set a neutral rating for the company in a research report on Tuesday, September 6th. Morgan Stanley cut Zenvia from an overweight rating to an equal weight rating and set a $4.00 target price for the company. in a research note on Friday, July 8th.
Zenvia Stock Down 13.0 %
Shares of NASDAQ:ZENV opened at $1.40 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.12. Zenvia has a 52-week low of $1.40 and a 52-week high of $17.45. The company has a 50 day moving average of $2.08 and a two-hundred day moving average of $3.71. The company has a market capitalization of $57.56 million, a price-to-earnings ratio of -3.50 and a beta of 1.39.
Hedge Funds Weigh In On Zenvia
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.
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