Zenvia (NASDAQ:ZENV) Stock Price Down 1.8% – Should You Sell?

Zenvia Inc. (NASDAQ:ZENV)’s stock price fell 1.8% during mid-day trading on Tuesday . The stock traded as low as $1.05 and last traded at $1.10. 7,535 shares traded hands during trading, a decline of 70% from the average session volume of 25,420 shares. The stock had previously closed at $1.12.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Zenvia in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Zenvia Stock Up 1.4%

The business’s fifty day simple moving average is $1.27 and its 200 day simple moving average is $1.41. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.02. The stock has a market cap of $57.91 million, a price-to-earnings ratio of -2.79 and a beta of 1.75.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Zenvia stock. Goldman Sachs Group Inc. grew its position in Zenvia Inc. (NASDAQ:ZENV) by 104.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,644 shares of the company’s stock after purchasing an additional 33,556 shares during the period. Goldman Sachs Group Inc. owned about 0.16% of Zenvia worth $139,000 at the end of the most recent reporting period. 49.25% of the stock is owned by institutional investors and hedge funds.

About Zenvia

Zenvia SA (NASDAQ: ZENV) is a Brazilian-based cloud communications company that provides businesses with a platform to automate, orchestrate and optimize customer interactions across digital channels. Listing on Nasdaq positions Zenvia among the first Latin American tech platforms to access U.S. public markets, enabling it to expand its reach and invest in next-generation customer engagement tools. The company’s core offering allows enterprises to deliver personalized messages, notifications and support through SMS, WhatsApp, voice, email and popular social messaging apps.

Zenvia’s product suite includes a developer-friendly API, a user-centric messaging portal and AI-powered chatbots designed to streamline customer service workflows and drive engagement.