Ewa LLC Purchases New Shares in NaaS Technology Inc. (NASDAQ:NAAS)

Ewa LLC acquired a new stake in NaaS Technology Inc. (NASDAQ:NAAS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,248 shares of the company’s stock, valued at approximately $29,000.

Separately, Bristlecone Advisors LLC acquired a new position in shares of NaaS Technology during the fourth quarter worth about $27,000. 1.83% of the stock is owned by institutional investors and hedge funds.

NaaS Technology Stock Up 1.8 %

NAAS stock traded up $0.02 during trading on Tuesday, hitting $1.00. 168,597 shares of the company’s stock were exchanged, compared to its average volume of 1,160,677. The business has a 50-day moving average price of $1.21 and a two-hundred day moving average price of $1.76. NaaS Technology Inc. has a 52-week low of $0.78 and a 52-week high of $8.90. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.40 and a quick ratio of 1.37.

NaaS Technology (NASDAQ:NAAS) last released its quarterly earnings results on Thursday, March 28th. The company reported ($0.19) EPS for the quarter. NaaS Technology had a negative return on equity of 341.51% and a negative net margin of 409.83%. The company had revenue of $9.06 million for the quarter.

About NaaS Technology

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.