Streetbeat News

NAAS

NaaS Technology Inc.

https://www.enaas.com

Industry

Specialty Retail

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. It serves charging station operators, charger manufacturers, EV OEMs, and other end-users. The company was founded in 2019 and is based in Beijing, China.

Open

2.98

Mkt cap

34M

Volume

121K

High

3.03

P/E Ratio

-0.19

52-wk high

61.60

Low

2.78

Div yield

N/A

52-wk low

1.42

NaaS Technology Inc. (NASDAQ:NAAS) plans to acquire Swedish EV charging solutions provider Charge Amps for approximately $66.4 million. This follows NaaS' acquisition of over 89% stake in Sinopower HK earlier this June.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 5:03 pm

Chinese EV charging company NaaS Technology Inc (NASDAQ:NAAS) has agreed to acquire 100% of the shares of Sweden-based Charge Amps AB for $66.4 million. The deal will be financed through a combination of cash and newly issued ordinary shares. NaaS held $78.8 million in cash and equivalents as of March 31, 2023. The acquisition is expected to boost NaaS's EV charging service capacity in Europe.

Portfolio Pulse from Shivani Kumaresan

August 22, 2023 | 2:40 pm

NaaS Technology is set to acquire 100% of the issued and outstanding shares of Charge Amps for a consideration of approximately $66.4 million.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 12:22 pm

NaaS Technology Inc (NASDAQ:NAAS) has partnered with Hyundai Motor Co., Ltd.(OTC:HYMTF) to develop a charging management service for Hyundai car owners. The financial terms were not disclosed. As of March 31, 2023, NaaS' network has connected 55,000 charging stations and 575,000 chargers. NAAS shares are trading lower by 2.67% at $6.55 on the last check Wednesday.

Portfolio Pulse from Shivani Kumaresan

August 16, 2023 | 4:07 pm

During Tuesday's intraday session, several consumer discretionary stocks saw significant movement. Grove Collaborative Hldgs (GROV), LL Flooring Holdings (LL), Fitell (FTEL), ECARX Holdings (ECX), and Naas Technology (NAAS) shares increased, while F45 Training Holdings (FXLV), MGO Global (MGOL), China Liberal Education (CLEU), Polished.com (POL), XWELL (XWEL), and 2U (TWOU) shares fell. Most companies recently released their Q2 earnings.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 5:31 pm

The article lists the stocks that gained and lost the most in Monday's mid-day session. Zynerba Pharmaceuticals, Taysha Gene Therapies, Hanryu Holdings, TMC the metals company, and United States Steel Corporation were among the top gainers. On the other hand, BioXcel Therapeutics, Hawaiian Electric Industries, Aurora Acquisition Corp., AMC Entertainment Holdings, and Jet.AI Inc. were among the top losers.

Portfolio Pulse from Lisa Levin

August 14, 2023 | 4:49 pm

In Friday's pre-market session, several consumer discretionary stocks saw significant movement. Arco Platform (ARCE), Genius Gr (GNS), Kaixin Auto Hldgs (KXIN), Shift Techs (SFT), and Soho House (SHCO) all saw gains, with ARCE leading the pack with a 14.4% increase. On the other hand, Esports Entertainment (GMBL), Kaival Brands Innovations (KAVL), Naas Technology (NAAS), and EBET (EBET) all experienced losses, with GMBL seeing the largest decrease at 7.9%.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 1:06 pm

Several consumer discretionary stocks experienced significant movement during Tuesday's intraday session. Gainers included Latham Group (SWIM), EZGO Technologies (EZGO), WW International (WW), Sabre (SABR, SABRP), and Naas Technology (NAAS). Losers included SunCar Tech Gr (SDA), EBET (EBET), Lottery.com (LTRY), Yunhong CTI (CTIB), Bright Scholar Education (BEDU), and Cooper-Standard Holdings (CPS). Most of the movements were associated with recent earnings reports.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:31 pm

ON Semiconductor, HomeStreet, Tenet Healthcare, NaaS Technology, and Western Digital are stocks to watch heading into Monday. ON Semiconductor is expected to post quarterly earnings of $1.21 per share on revenue of $2.02 billion. HomeStreet reported weaker-than-expected Q2 results. Tenet Healthcare is expected to have earned $1.26 per share on revenue of $4.90 billion. NaaS Technology filed for a mixed shelf of up to $200 million. Western Digital is expected to report a quarterly loss at $2.00 per share on revenue of $2.52 billion.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 8:27 am

Naas Technology has filed for a mixed shelf offering of up to $200 million.

Portfolio Pulse from Charles Gross

July 28, 2023 | 8:31 pm

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