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

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP)’s stock is scheduled to reverse split before the market opens on 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 %

NASDAQ ZAPP opened at $0.15 on Friday. The firm’s 50 day moving average price is $0.25 and its 200-day moving average price is $0.29. Zapp Electric Vehicles Group has a 52-week low of $0.13 and a 52-week high of $10.00.

Hedge Funds Weigh In On Zapp Electric Vehicles Group

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

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.