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

Shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) are scheduled 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 market closes on Monday, October 7th.

A2Z Smart Technologies Price Performance

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

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in A2Z Smart Technologies stock. Curated Wealth Partners LLC boosted its holdings in shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) by 200.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 83,333 shares of the company’s stock after buying an additional 166,666 shares during the quarter. Curated Wealth Partners LLC owned 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 institutional investors and hedge funds.

A2Z Smart Technologies Company Profile

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.