Boothbay Fund Management LLC Has $1.47 Million Stock Position in Zuora, Inc. (NYSE:ZUO)

Boothbay Fund Management LLC decreased its holdings in shares of Zuora, Inc. (NYSE:ZUO) by 58.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 147,783 shares of the company’s stock after selling 209,814 shares during the period. Boothbay Fund Management LLC’s holdings in Zuora were worth $1,466,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Susquehanna Fundamental Investments LLC acquired a new position in shares of Zuora during the 4th quarter worth $2,866,000. Westchester Capital Management LLC acquired a new position in shares of Zuora during the 4th quarter worth $13,950,000. Credit Industriel ET Commercial acquired a new position in shares of Zuora during the 4th quarter worth $4,018,000. Cigogne Management SA acquired a new position in shares of Zuora during the 4th quarter worth $4,910,000. Finally, Adage Capital Partners GP L.L.C. acquired a new position in shares of Zuora during the 4th quarter worth $12,124,000. Institutional investors and hedge funds own 83.02% of the company’s stock.

Zuora Stock Performance

Shares of ZUO opened at $10.02 on Tuesday. The company’s fifty day moving average is $10.02 and its 200-day moving average is $9.95. Zuora, Inc. has a 12 month low of $8.20 and a 12 month high of $10.85. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of -20.45 and a beta of 1.67. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 2.00.

Zuora Profile

Zuora, Inc provides a monetization suite for modern businesses to help companies launch and scale new services and operate dynamic customer-centric business models. The company offers Zuora Billing that allows customers to deploy various pricing and packaging strategies to monetize their recurring revenue streams, bill customers, calculate prorations when subscriptions change, and automate billing and payment operations; Zuora Revenue, a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams; Zuora Payments to provide payment orchestration services for companies looking to operate globally; and Zephr, a digital subscriber experience platform that helps companies orchestrate dynamic experiences that increase conversion, reduce churn, and nurture ongoing subscriber relationships.