The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.
Cuentas is headquartered in Miami Beach, offering mobile banking options for consumers, free direct deposits, virtual payments and debit cards. Additionally, the company aims to offer bank accounts to those who traditionally could not obtain these services—particularly the underbanked and un-banked Latino community.
Cuentas CUEN 206.4% Change
Cuentas stock is up over 200%, more than +5, to $8.41. While the company has traded lower over the past 12 months, it’s risen back to its position from 12 months ago and appears ready to rise farther based on exciting news for the company.
Why is CUEN Moving?
Cuentas stock is moving after a press release explaining that WaveMax is implementing the world’s first shared Wifi6 network. Cuentas is rolling out SharedFi in 170 test locations across New York City, opening the door for this technology to expand to the general public.
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Data for Cuentas as of June 30, 2021
Summary of Cuentas as of June 30, 2021:
- Price Change: $2.74 to $8.41
- 52 Week Low: $1.65
- 52 Week High: $8.41
- Market Cap: $41.873M
Significant Dates for Cuentas:
- Next Earnings Date: September 2, 2021
- Last Earnings Date: May 2, 2021, EPS of $-0.130
Technical Data of Cuentas as of June 30, 2021:
- RSI: 90.86 ⮕ Bullish
- MACD: Signal Line (-0.09) Over MACD (0.035) ⮕ Bullish
- Bollinger Bands: Price ($8.41), 20-Day SMA ($2.75 SMA Level), Lower Band ($0.19), Upper Band ($5.24) ⮕ Bullish
The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.
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