6 days Ago By Defense World Staff
Renaissance Technologies LLC lowered its position in shares of Zedge, Inc. ( NYSEAMERICAN:ZDGE – Free Report ) by 6.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 507,822 shares of the company’s stock after selling 36,592 shares during the period. Renaissance Technologies LLC owned approximately 3.73% of Zedge worth $1,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Virtu Financial LLC purchased a new stake in Zedge in the third quarter valued at $44,000. Hedge funds and other institutional investors own 29.37% of the company’s stock.
Zedge Price Performance Shares of NYSEAMERICAN:ZDGE opened at $2.55 on Tuesday. The stock has a market cap of $34.
73 million, a P/E ratio of -3.81 and a beta of 1.25.
Zedge, Inc. has a 12-month low of $1.73 and a 12-month high of $4.
37. About Zedge Zedge, Inc builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds.
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