Connective Capital Management LLC Buys New Holdings in Swvl Holdings Corp. (NASDAQ:SWVL)

Connective Capital Management LLC bought a new stake in Swvl Holdings Corp. (NASDAQ:SWVL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 19,347 shares of the company’s stock, valued at approximately $123,000. Swvl comprises about 0.2% of Connective Capital Management LLC’s portfolio, making the stock its 27th biggest holding. Connective Capital Management LLC owned 0.28% of Swvl as of its most recent filing with the Securities & Exchange Commission.

Swvl Trading Down 3.1 %

Shares of SWVL opened at $2.77 on Monday. The stock’s 50-day moving average is $5.51 and its two-hundred day moving average is $8.31. Swvl Holdings Corp. has a 12 month low of $0.71 and a 12 month high of $21.94. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.05 and a current ratio of 1.05.

Swvl Company Profile

Swvl Holdings Corp. provides mass transit ridesharing services. It offers B2C Swvl Retail, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities; Swvl Travel that allows riders to book rides on long-distance intercity routes on vehicle available through the Swvl platform or through third-party services; and Swvl Business, a transport as a service enterprise product for businesses, schools, municipal transit agencies, and other customers.