In the past week, PITA stock has gone down by -10.11%, with a monthly decline of -35.45% and a quarterly plunge of -78.73%. The volatility ratio for the week is 11.82%, and the volatility levels for the last 30 days are 20.54% for Heramba Electric plc The simple moving average for the last 20 days is -27.51% for PITA stock, with a simple moving average of -92.02% for the last 200 days.
Is It Worth Investing in Heramba Electric plc (NASDAQ: PITA) Right Now?
The stock has a 36-month beta value of 0.50.
The public float for PITA is 10.18M, and at present, short sellers hold a 3.64% of that float. On March 26, 2025, the average trading volume of PITA was 2.25M shares.
PITA) stock’s latest price update
Heramba Electric plc (NASDAQ: PITA)’s stock price has plunge by 0.72relation to previous closing price of 0.24. Nevertheless, the company has seen a -10.11% plunge in its stock price over the last five trading sessions. accessnewswire.com reported 2025-03-25 that DÜSSELDORF, GERMANY AND ATLANTA, GA / ACCESS Newswire / March 25, 2025 / As previously disclosed, and pursuant to the terms and conditions set forth in the Share Purchase Agreement, dated as of July 25 and 26, 2023, by and among Heramba GmbH (“Heramba”), Heramba Holdings, Inc. (“Heramba Holdings”), Knorr-Bremse Systeme für Schienenfahrzeuge GmbH (“KB GmbH”) and Knorr-Brake Holding Corporation (“KB US”), as amended pursuant to the Amendment Agreement to Share Purchase Agreement, dated as of January 31, 2024, on February 6, 2024, (i) KB GmbH, as sole shareholder of Kiepe Electric GmbH, sold and transferred 85% of the equity interests in Kiepe GmbH, as well as certain receivables and shareholder loans, to Heramba, and (ii) KB US, as the sole member of Kiepe Electric LLC (“Kiepe US” and together with Kiepe GmbH, “Kiepe”), sold and transferred all ownership interests in Kiepe US, as well as certain receivables, to Heramba Holdings. As previously disclosed, and pursuant to the terms and conditions set forth in the Business Combination Agreement, dated as of October 2, 2023, by and among Project Energy Reimagined Acquisition Corp., Heramba Electric plc, Heramba Merger Corp., Heramba Limited and Heramba, effective as of July 26, 2024, the business combination contemplated by the Business Combination Agreement was consummated resulting in, among other matters, each of Heramba, Heramba Holdings, Kiepe GmbH and Kiepe US becoming direct or indirect subsidiaries of the Company.
PITA Trading at -56.82% from the 50-Day Moving Average
After a stumble in the market that brought PITA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.41% of loss for the given period.
Volatility was left at 20.54%, however, over the last 30 days, the volatility rate increased by 11.82%, as shares sank -65.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -79.12% lower at present.
During the last 5 trading sessions, PITA fell by -10.19%, in comparison to the 20-day moving average, which settled at $0.3286. In addition, Heramba Electric plc saw -81.68% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PITA
The total capital return value is set at 0.91. Equity return is now at value -0.35, with -0.31 for asset returns.
Based on Heramba Electric plc (PITA), the company’s capital structure generated 2.96 points at debt to capital in total, while cash flow to debt ratio is standing at -0.49. The debt to equity ratio resting at -1.51. The interest coverage ratio of the stock is -9.51.
Currently, EBITDA for the company is -2.82 million with net debt to EBITDA at -1.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.00.
Conclusion
To sum up, Heramba Electric plc (PITA) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
