Zapata Computing Holdings Inc. (NASDAQ:ZPTA) concluded the trading at $0.59 on current market day with a rise of 9.73% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.54 and 5Y monthly beta was reading 0.345 with its price kept floating in the range of $0.4809 and $0.6139 on the day. Considering stock’s 52-week price range provides that ZPTA hit a high price of $18.50 and saw its price falling to a low level of $0.36 during that period. Over a period of past 1-month, stock came subtracting -8.29% in its value.
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With its current market valuation of $18.83 million, Zapata Computing Holdings Inc. is set to declare its quarterly results in September. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.
In contrast, when we review ZPTA stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.
Digging deeper we become aware of the PEG ratio of the ZPTA stock which is currently positioned at 0. It further provides that stock’s current price level is 11.13% away from its 20-day simple moving average and is -3.44% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 52.68 while volatility remained at 20.02% over the past week which changes to 13.56% when measuring it over the past month. Beta is valued at 0.35, while measure of average true range or ATR is currently at 0.08. In predicting price targets of as low as $1.75 and as high as $1.75, analysts are in agreement on assigning the stock over the next 12 months average price target of $1.75. Stock’s current price level is -196.61% above from estimated low price target while it is -196.61% below the estimated high; and even if the ZPTA’s share succeeded to reach the median price of $1.75, then the outlook of -196.61% could come to the excitement of the investors.
Having a second look at Zapata Computing Holdings Inc. (NASDAQ:ZPTA) provides that stock’s average daily trading volume for 3 months was 1.56 million, while it jumped to 3595670 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 31.98 million.
The percentage of outstanding shares held by the insiders is 35.10% while it is 7.29% for the institutional holders. In July the standing of shares short improved as it was 0.46 million in the previous month. Subtraction of -94.58% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
