NaaS Technology (NAAS) Scheduled to Post Quarterly Earnings on Thursday

NaaS Technology (NASDAQ:NAAS) will be issuing its quarterly earnings data after the market closes on Thursday, March 28th.

NaaS Technology Stock Performance

Shares of NASDAQ NAAS opened at $1.20 on Wednesday. NaaS Technology has a 52-week low of $1.07 and a 52-week high of $12.78. The stock has a market capitalization of $293.47 million, a price-to-earnings ratio of -2.07 and a beta of 1.13. The company has a quick ratio of 1.48, a current ratio of 1.50 and a debt-to-equity ratio of 3.26. The stock’s fifty day simple moving average is $1.44 and its 200 day simple moving average is $2.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in NAAS. Renaissance Technologies LLC acquired a new position in NaaS Technology in the 2nd quarter worth approximately $537,000. Pathstone Holdings LLC acquired a new position in shares of NaaS Technology in the fourth quarter worth $99,000. Jane Street Group LLC purchased a new stake in shares of NaaS Technology during the first quarter worth $672,000. Citadel Advisors LLC acquired a new stake in NaaS Technology during the second quarter valued at $246,000. Finally, ExodusPoint Capital Management LP purchased a new position in NaaS Technology in the second quarter valued at about $213,000. 1.83% of the stock is currently owned by institutional investors and hedge funds.

About NaaS Technology

NaaS Technology Inc provides electric vehicle (EV) charging services in China. The company offers online EV charging solutions, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers' management, order management, load management, and membership management.