EZFill (NASDAQ:EZFL) Shares Down 11.2% – Here’s Why

EZFill Holdings Inc. (NASDAQ:EZFL) shares fell 11.2% during mid-day trading on Wednesday . The company traded as low as $1.42 and last traded at $1.43. 166,656 shares were traded during trading, an increase of 428% from the average session volume of 31,555 shares. The stock had previously closed at $1.61.

EZFill Trading Down 11.2%

The firm has a market capitalization of $9.27 million, a PE ratio of -0.21 and a beta of -0.53. The stock’s 50-day moving average price is $2.61 and its 200 day moving average price is $2.95. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.94 and a quick ratio of 1.86.

Hedge Funds Weigh In On EZFill

An institutional investor recently bought a new position in EZFill stock. Nomura Holdings Inc. bought a new position in shares of EZFill Holdings Inc. (NASDAQ:EZFL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 60,000 shares of the company’s stock, valued at approximately $186,000. Nomura Holdings Inc. owned 0.93% of EZFill as of its most recent filing with the Securities and Exchange Commission (SEC). 10.56% of the stock is currently owned by hedge funds and other institutional investors.

EZFill Company Profile

EZFill Holdings Inc operates as a mobile fueling company primarily in Florida. It offers on-demand fueling services to consumer, fleet, marine, and other specialty markets. The company was incorporated in 2019 and is based in Miami, Florida.