NaaS Technology (NAAS) to Release Earnings on Friday

NaaS Technology (NASDAQ:NAAS – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Friday, September 8th.

NaaS Technology (NASDAQ:NAAS – Get Free Report) last released its earnings results on Friday, June 16th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $5.27 million during the quarter.

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NaaS Technology Trading Up 2.0 %

NASDAQ:NAAS opened at $6.12 on Thursday. The stock’s 50-day simple moving average is $5.88 and its 200 day simple moving average is $6.58. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 1.43. NaaS Technology has a 52-week low of $2.75 and a 52-week high of $12.78.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Point72 Asset Management L.P. bought a new stake in NaaS Technology during the 2nd quarter valued at $28,000. Geode Capital Management LLC purchased a new stake in NaaS Technology in the second quarter worth approximately $71,000. ExodusPoint Capital Management LP purchased a new position in shares of NaaS Technology during the 2nd quarter worth $213,000. Jane Street Group LLC bought a new stake in NaaS Technology in the 1st quarter valued at $672,000. Finally, Bank of America Corp DE grew its stake in shares of NaaS Technology by 4,856.6% in the 1st quarter. Bank of America Corp DE now owns 30,582 shares of the company’s stock worth $326,000 after buying an additional 29,965 shares in the last quarter. 0.80% of the stock is currently owned by institutional investors and hedge funds.

About NaaS Technology

(Get Free Report)

NaaS Technology Inc provides electric vehicle (EV) charging services in China. The company offers online EV charging solutions, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers' management, order management, load management, and membership management.

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