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

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares 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 closing bell on Tuesday, April 23rd.

Zapp Electric Vehicles Group Stock Performance

ZAPP opened at $0.15 on Friday. Zapp Electric Vehicles Group has a twelve month low of $0.13 and a twelve month high of $10.00. The company has a 50-day moving average price of $0.25 and a 200 day moving average price of $0.29.

Institutional Investors 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 Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,298 shares of the company’s stock, valued at approximately $52,000. Geode Capital Management LLC owned 0.06% of Zapp Electric Vehicles Group as of its most recent SEC filing.

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.