NaaS Technology Announces ADS Ratio Change Effective April 2025

NaaS Technology ( (NAAS) ) has provided an update.

NaaS Technology Inc. announced a change in the ratio of its American Depositary Shares (ADS) to Class A ordinary shares, moving from one ADS to 200 shares to one ADS to 800 shares, effective around April 28, 2025. This change, akin to a one-for-four reverse ADS split, is expected to proportionally increase the ADS trading price, although no guarantees are made. The adjustment will not affect the underlying Class A ordinary shares, and fractional ADS entitlements will be sold with proceeds distributed to holders.

Spark’s Take on NAAS Stock

According to Spark, TipRanks’ AI Analyst, NAAS is a Neutral.

NaaS Technology’s overall stock score reflects its high financial risk due to negative equity and profitability challenges, despite strong revenue growth. Technical analysis indicates bearish trends, while valuation metrics underscore potential overvaluation. However, recent earnings call insights reveal positive shifts towards profitability and efficiency, slightly enhancing the outlook.

To see Spark’s full report on NAAS stock, click here.

More about NaaS Technology

NaaS Technology Inc. operates in the technology sector, focusing on providing innovative solutions and services. The company is involved in the development and management of technology platforms, with a market focus on enhancing operational efficiencies and expanding its technological reach.

YTD Price Performance: -77.16%

Average Trading Volume: 2,016,125

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.43M

For detailed information about NAAS stock, go to TipRanks’ Stock Analysis page.