An announcement from NaaS Technology ( (NAAS) ) is now available.
On April 28, 2025, NaaS Technology Inc. announced the completion of a change in the ratio of its American depositary shares (ADS) to its Class A ordinary shares, which took effect on the same day. This change, which adjusted the ratio from one ADS to 200 Class A shares to one ADS to 800 Class A shares, effectively acted as a one-for-four reverse ADS split. The adjustment is expected to proportionally increase the ADS trading price, although no assurance is given that the price will be exactly four times the previous trading price.
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. is the first U.S.-listed EV charging service company in China and a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The company is a prominent provider of new energy asset operation services, utilizing advanced technology to match charging supply with demand, offering a seamless and efficient charging experience for electric vehicle users. NaaS also supports charging stations and operators in optimizing operations to enhance efficiency and profitability.
YTD Price Performance: -78.79%
Average Trading Volume: 2,073,323
Technical Sentiment Signal: Buy
Current Market Cap: $5.58M
Learn more about NAAS stock on TipRanks’ Stock Analysis page.