A2Z Smart Technologies Stock to Reverse Split on Tuesday, October 8th (NASDAQ:AZ)

A2Z Smart Technologies Corp. (NASDAQ:AZ) shares are set to reverse split before the market opens on Tuesday, October 8th. The 2-5 reverse split was announced on Thursday, October 3rd. The number of shares owned by shareholders will be adjusted after the market closes on Monday, October 7th.

A2Z Smart Technologies Price Performance

AZ stock opened at $0.77 on Friday. The business has a 50 day simple moving average of $0.71 and a 200-day simple moving average of $0.56. A2Z Smart Technologies has a 1 year low of $0.34 and a 1 year high of $1.84. The firm has a market capitalization of $31.73 million, a PE ratio of -2.33 and a beta of 1.54.

A2Z Smart Technologies (NASDAQ:AZ) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. A2Z Smart Technologies had a negative return on equity of 6,821.36% and a negative net margin of 118.83%. The business had revenue of $1.54 million for the quarter.

Institutional Trading of A2Z Smart Technologies

A hedge fund recently raised its stake in A2Z Smart Technologies stock. Curated Wealth Partners LLC grew its stake in A2Z Smart Technologies Corp. (NASDAQ:AZ) by 200.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,333 shares of the company’s stock after acquiring an additional 166,666 shares during the quarter. Curated Wealth Partners LLC owned about 0.20% of A2Z Smart Technologies worth $33,000 at the end of the most recent quarter. Institutional investors and hedge funds own 12.64% of the company’s stock.

About A2Z Smart Technologies

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts.