What Can We Learn From Helbiz Inc. (HLBZ)’s Valuation Ratios?

BEPC Stock
BEPC Stock

Helbiz Inc. (NASDAQ:HLBZ) finished Wednesday with a subtraction of -$0.12 to close at $0.29, a downside of -29.76 percent. An average of 398,078,781 shares of common stock have been traded in the last five days. There was a gain of $0.1609 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 113,051,695 shares traded, while the 50-day average volume stands at 60,018,250.

HLBZ stock has increased by 75.08% in the last month. The company shares reached their 1-month lowest point of $0.1105 on 12/28/22. With the stock rallying to its 52-week high on 01/24/23, shares of the company touched a low of $0.11 and a high of $4.42 in 52 weeks. It has reached a new high 8 times so far this year and achieved 120.69% or $0.1575 in price. In spite of this, the price is down -93.48% from the 52-week high.

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Financial Health

The quick ratio of Helbiz Inc. for the three months ended September 29 was 0.30, and the current ratio was 0.30, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at -$21.01 million compared to revenue of $12.83 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Helbiz Inc.’s return on assets was -213.50%.

Earnings Surprise

In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$24.56 million in the quarter, while revenues of -$19.74 million were grew 97.88%. The analyst consensus anticipated Helbiz Inc.’s latest quarter earnings to come in at -$0.2 per share, but it turned out to be -$1.09, a -445.00% surprise. For the quarter, EBITDA amounted to -$21.12 million. Shareholders own equity worth $93.29 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Helbiz Inc. (HLBZ) price momentum. RSI 9-day as of the close on 25 January was 59.68%, suggesting the stock is Neutral, with historical volatility in this time frame at 512.40%.

As of today, HLBZ’s price is $0.2902 +126.59% or $0.1609 from its 5-day moving average. HLBZ is currently trading +89.47% higher than its 20-day SMA and -57.01% lower than its 100-day SMA. However, the stock’s current price level is +50.86% above the SMA50 and -89.89% below the SMA200.

The stochastic %K and %D were 64.11% and 57.53%, respectively, and the average true range (ATR) was 0.0893. With the 14-day stochastic at 39.70% and the average true range at 0.0701, the RSI (14) stands at 59.23%. The stock has reached 0.1492 on the 9-day MACD Oscillator while the 14-day reading was at 0.1828.

Analyst Ratings

The consensus rating for Helbiz Inc. (HLBZ) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell HLBZ, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is HLBZ’s price target for the next 12 months?

Analysts predict a range of price targets between $13.00 and $13.00, with a median target of $13.00. Taking a look at these predictions, the average price target given by analysts for Helbiz Inc. (HLBZ) stock is $13.00.


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