How have the shares performed?
Cuentas Inc. (CUEN) saw an uptrend of 6.38% in the recent trading with $2.50 being its most recent. The current price level -76.05% lower than the highest price of $10.44 marked by the stock while trading over the past 52-weeks, whereas it is 15.21% higher than the lowest price of $2.17 the company dropped to over past 52-weeks. The latest news story on CUEN appeared in ACCESSWIRE under the title “Cuentas Inc. Announces 2021 Q1 Results” on May-05-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -26.47% below one month high and is +15.21% above of the lowest during that time. Looking into the simple moving average, Cuentas Inc. (CUEN)’s stock stands at a SMA-50 of $2.76 while that of 5-day is reading $2.54.
Cuentas Inc. Earnings – What Happened With CUEN
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $225.0 million.
CUEN – Cuentas Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 6.24 million. CUEN does have institutional investors; and they hold 0.50% of the stock.
Cuentas Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, CUEN declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 30, 2021, Jane Street Group, LLC was the top most holder in Cuentas Inc. (NASDAQ:CUEN) with an ownership of 25751.0 shares of the company or 0.19% of the stake worth $88068.0. The filing also reveals Citadel Advisors LLC as the second largest holder in the company with a control over 0.10% of the outstanding shares. Its stake is worth $46224.0 for having 13516.0 shares in hand.
Spire Wealth Management also came holding a key position in the company during the recent quarter and it now holds 0.09% of the outstanding shares. With this there are now 9 institutions which have possession in CUEN’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Cuentas Inc. was 0.05 while posting a debt to equity ratio of 0.04.
Cuentas Inc.’s return on equity, or ROE, is -152.60%, compared to the industry average of 4.84% for Technology – Software – Application. Although this indicates that CUEN fails to use its equity well, the metric will vary significantly depending on the industry.