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

A2Z Smart Technologies Corp. (NASDAQ:AZ)’s stock is scheduled to reverse split 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 Stock Performance

NASDAQ:AZ opened at $0.77 on Friday. The firm’s fifty day moving average is $0.71 and its 200-day moving average is $0.56. A2Z Smart Technologies has a 52 week low of $0.34 and a 52 week high of $1.84. The firm has a market cap of $31.73 million, a P/E ratio of -2.33 and a beta of 1.54.

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

Hedge Funds Weigh In On A2Z Smart Technologies

An institutional investor recently raised its position in A2Z Smart Technologies stock. Curated Wealth Partners LLC boosted its holdings in A2Z Smart Technologies Corp. (NASDAQ:AZ) by 200.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,333 shares of the company’s stock after buying an additional 166,666 shares during the period. Curated Wealth Partners LLC owned approximately 0.20% of A2Z Smart Technologies worth $33,000 as of its most recent filing with the Securities and Exchange Commission. 12.64% of the stock is currently owned by institutional investors.

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.