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

Shares of Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) are set 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 Price Performance

Shares of NASDAQ:ZAPP 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 is $0.25 and its 200 day moving average is $0.28.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Zapp Electric Vehicles Group stock. Geode Capital Management LLC acquired a new position in Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 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 quarter.

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.