Zapp Electric Vehicles Group Stock Scheduled to Reverse Split on Tuesday, April 23rd (NASDAQ:ZAPP)

Shares of Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) are set to reverse split on the morning of Tuesday, April 23rd. The 1-20 reverse split was announced on Tuesday, April 23rd. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, April 23rd.

Zapp Electric Vehicles Group Trading Down 7.1 %

Zapp Electric Vehicles Group stock opened at $0.15 on Friday. Zapp Electric Vehicles Group has a 12-month low of $0.13 and a 12-month high of $10.00. The business’s 50-day moving average price is $0.25 and its two-hundred day moving average price is $0.29.

Institutional Trading of Zapp Electric Vehicles Group

An institutional investor recently bought a new position in Zapp Electric Vehicles Group stock. Geode Capital Management LLC bought a new stake in Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,298 shares of the company’s stock, valued at approximately $52,000. Geode Capital Management LLC owned about 0.06% of Zapp Electric Vehicles Group at the end of the most recent reporting period.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Limited operates an electric motorcycle company. Its i300 is the first in a suite of electric two-wheelers that the company plans to bring to market. It offers a direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). The company sells its product the i300, to customers online and delivered to the home, as well as provides at-home inspection, service, and support throughout the vehicle ownership lifecycle.