PenderFund Capital Management Ltd. purchased a new stake in Kaleyra, Inc. (NYSEAMERICAN:KLR – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 45,570 shares of the company’s stock, valued at approximately $407,000.
Several other large investors have also recently bought and sold shares of KLR. Engineers Gate Manager LP increased its position in shares of Kaleyra by 42.2% in the first quarter. Engineers Gate Manager LP now owns 18,360 shares of the company’s stock worth $110,000 after purchasing an additional 5,449 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Kaleyra by 52.0% in the 2nd quarter. NewEdge Advisors LLC now owns 45,421 shares of the company’s stock worth $93,000 after buying an additional 15,548 shares during the last quarter. Rhumbline Advisers purchased a new stake in shares of Kaleyra during the 2nd quarter valued at $84,000. Bank of New York Mellon Corp lifted its holdings in shares of Kaleyra by 19.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 70,000 shares of the company’s stock worth $68,000 after acquiring an additional 11,246 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in Kaleyra in the first quarter worth $60,000. 43.00% of the stock is owned by institutional investors.
Kaleyra Stock Performance
KLR remained flat at $7.24 during trading on Tuesday. Kaleyra, Inc. has a fifty-two week low of $1.57 and a fifty-two week high of $7.25. The company has a debt-to-equity ratio of 7.67, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $96.51 million, a PE ratio of -1.06 and a beta of 1.75.
Kaleyra Inc, through its subsidiaries, provides mobile communication services to financial institutions, e-commerce players, OTTs, software companies, logistic enablers, healthcare providers and retailers, and other organization worldwide. The company provides cloud communications platforms, which manages multi-channel integrated communications services including inbound/outbound messaging solutions, programmable voice and interactive voice response configurations, hosted telephone numbers, conversational marketing solutions, rich communication services, and other IP communications, such as e-mail, push notifications, video/audio/chat, and WhatsApp services.
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