Zenvia (NASDAQ:ZENV) Announces Quarterly Earnings Results

Zenvia (NASDAQ:ZENV - Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.01), Zacks reports. Zenvia had a negative return on equity of 10.81% and a negative net margin of 8.64%.Zenvia Price PerformanceNASDAQ ZENV traded down $0.06 during mid-day trading on Friday, hitting $1.28. The stock had a trading volume of 56,390 shares, compared to its average volume of 84,853. The firm's 50 day moving average is $1.53 and its 200 day moving average is $1.53. Zenvia has a twelve month low of $1.02 and a twelve month high of $3.03. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.44 and a quick ratio of 0.44. The stock has a market capitalization of $66.22 million, a price-to-earnings ratio of -3.98 and a beta of 1.79. Hedge Funds Weigh In On ZenviaA hedge fund recently raised its stake in Zenvia stock. Goldman Sachs Group Inc. raised its position in Zenvia Inc. (NASDAQ:ZENV - Free Report) by 104.6% in the 1st quarter, according to the company in its most recent 13F 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 approximately 0.16% of Zenvia worth $139,000 as of its most recent SEC filing. 49.25% of the stock is currently owned by institutional investors and hedge funds. Zenvia Company Profile (Get Free Report)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. Featured StoriesFive stocks we like better than ZenviaHow to trade using analyst ratingsNot Just NVDA: 3 Semiconductor Stocks Struggling This Quarter2 Fintech Stocks to Buy Now and 1 to Avoid3 Mid-Cap Energy Firms Analysts See Moving Up to the Big LeaguesWhat is Put Option Volume?Constellation Lowers Outlook: Time to Panic on Buffett's Big Bet?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Zenvia Right Now?Before you consider Zenvia, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zenvia wasn't on the list.While Zenvia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here