Armistice Capital LLC recently announced the acquisition of new stake in Cuentas Inc (NASDAQ:CUEN). This fresh investment now brings its stake to 3.43% valued currently at $0.12 million. In addition, Tower Research Capital LLC raised its holdings by 2370.0 to 5083.0 shares.
Currently, there are 2.73M common shares owned by the public and among those 2.03M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Cuentas Inc are Fidelity Extended Market Index Fu, Vanguard Extended Market Index Fu, and Fidelity Series Total Market Inde. Fidelity Extended Market Index Fu owns 5322.0 shares of the company’s stock, all valued at over $6759.0. Fidelity Series Total Market Inde now owns shares totaling to 0.03% of the shares outstanding.
However, the script later moved the day high at 2.9500, up 60.14%. The company’s stock has a 5-day price change of 100.91% and 28.50% over the past three months. CUEN shares are trading -6.44% year to date (YTD), with the 12-month market performance down to -28.30% lower. It has a 12-month low price of $0.80 and touched a high of $21.45 over the same period. CUEN has an average intraday trading volume of 301.36K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 71.23%, 77.59%, and -38.56% respectively.
Institutional ownership of Cuentas Inc (NASDAQ: CUEN) shares accounts for 5.80% of the company’s 2.73M shares outstanding. Mutual fund holders own 0.43%, while other institutional holders and individual stakeholders account for 5.37% and — respectively.
It has a market capitalization of $6.03M and a beta (3y monthly) value of 2.60. The earnings-per-share (ttm) stands at -$6.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 31.80% over the week and 24.68% over the month.
