Zenvia provides a customer experience communications platform in Latin America. Zenvia was created to create a system that allows businesses to connect virtually with their customers.
This initial public offering has been closely followed by many investors for a while now since it’s about to be released. Our guide will show you how to open a brokerage account and start investing in Zenvia stock.
Quick Zenvia History
They are motivated by the goal of creating a new world of experiences by providing a platform that allows businesses to create unique communication experiences for consumers. Zenvia plans to raise $213 million in gross proceeds from an initial public offering of its Class A common stock, with 12.9 million shares being offered at a proposed midpoint price of $16.50 each.
Zenvia’s customer experience (CX) marketing network includes a collection of resources for promotions, sales teams, customer support, and collaboration. This company, based in So Paulo, Brazil, was founded in 2004 and produced $76 million in revenue for the year ending December 31, 2020. On January 26, 2021, Zenvia filed a confidentially. The shared bookrunners are Goldman Sachs, Morgan Stanley, Itau BBA, UBS Investment Bank, Bradesco BBI, and XP Investimentos.
The Good and the Bad of Zenvia Stock
There may be potential benefits to owning stocks or shares in a company that just filed their IPO. Here are some of the pros and cons of being a Zenvia shareholder.
Pros of Owning Zenvia Stock
- Zenvia already has 10k active clients and business is thriving in Brazil, Argentina and Mexico.
- Zenvia is an experienced company that has been on the market for over 17 years. As a shareholder you can trust that the companies management understands how to expand the company.
Cons of Owning Zenvia Stock
- Dealing with market volatility is the biggest drawback for IPO holders. When the value of the stock drops, it can be difficult to remain committed.
- In comparison to other stocks on the market, IPOs often do not perform very well.
Outlook for Zenvia Stock
Investors are interested in the upside potential of Zenvia stock because of its amazing performance. Zenvia is a bullish company that is pursuing an IPO at a volatile period. The stock of ZENV is still expected to rise because of the company’s positive public sentiment.
When it comes to making a good IPO investment, the odds can be heavily stacked against you. Before putting money down, do your homework on the company. It may be tough to do because the company hasn’t made any financial details accessible up to that point.
The software company made a profit of 19.9 million in 2018 and 13.8 million real in 2019. In 2020 due to the pandemic the company lost $21.4 million. The fact that a substantial part of the company’s sales comes from a limited number of clients poses a risk to the company’s future prospects.
Steps to Buy Zenvia Stock
To purchase Zenvia stock, you must first open a brokerage account, then a trading account, deposit money, and then begin purchasing shares.
Step 1: Select a Brokerage
You must first locate a brokerage in order to purchase Zenvia stock. There are also many trading apps which are available to investors that offer a variety of different features.
Step 2: Open the Trading Account
After you’ve selected a brokerage you’ll need to open an account with them. This account is only available through the brokerage online, and it helps you to keep track of your Zenvia shares.
Step 3: Deposit Funds Into the Account
After you’ve linked a bank credit/debit card to your account, you’ll be able to deposit funds to purchase Zenvia stock.
Step 4: Search for the Zenvia Ticker Symbol (ZENV)
A ticker symbol is an abbreviation that is used to distinguish publicly trading shares in a company. Zenvia intends to trade under the symbol ZENV on the Nasdaq.
Step 5: Purchase Zenvia Stock
In order to purchase Zenvia stock you would have to then:
- Choose an action type
- Enter the number of shares you wish to buy (or sell).
- Simply press the buy (or sell) button.
Is Zenvia Stock a Good Buy?
Zenvia has expanded over the course of the 2020 pandemic, but it is vulnerable to currency depreciation and high consumer concentration risks. To attract business customers, the company uses a “land and expand” strategy.
Zenvia may be a good fit for investors looking for a higher-risk investment in an IT firm that could generate impressive returns. If you wish to consult a professional, feel free to reach out to a trusted financial advisor today.