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

Shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) are going to reverse split on the morning of 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 closing bell on Monday, October 7th.

A2Z Smart Technologies Trading Up 2.6 %

A2Z Smart Technologies stock opened at $0.79 on Friday. The firm has a market cap of $32.55 million, a P/E ratio of -2.39 and a beta of 1.58. A2Z Smart Technologies has a 1-year low of $0.34 and a 1-year high of $1.84. The firm has a 50-day moving average of $0.71 and a 200-day moving average of $0.56.

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

Institutional Trading of A2Z Smart Technologies

An institutional investor recently raised its position in A2Z Smart Technologies stock. Curated Wealth Partners LLC boosted its stake in shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) by 200.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & 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 at the end of the most recent reporting period. 12.64% of the stock is currently owned by hedge funds and other 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.