What Analysts Were Expecting After Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL) fell -0.79%

Zentalis Pharmaceuticals Inc (NASDAQ:ZNTL) shares, rose in value on Wednesday, April 16, with the stock price down by -0.79% to the previous day’s close as strong demand from buyers drove the stock to $1.26.

Actively observing the price movement in the last trading, the stock closed the session at $1.27, falling within a range of $1.2 and $1.285. The value of beta (5-year monthly) was 1.801. Referring to stock’s 52-week performance, its high was $13.46, and the low was $1.01. On the whole, ZNTL has fluctuated by -28.81% over the past month.

With the market capitalization of Zentalis Pharmaceuticals Inc currently standing at about $90.48 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-25.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ZNTL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of ZNTL currently trading nearly -13.73% and -30.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.67, while the 7-day volatility ratio is showing 10.20% which for the 30-day chart, stands at 10.64%. Furthermore, Zentalis Pharmaceuticals Inc (ZNTL)’s beta value is 1.83, and its average true range (ATR) is 0.16.

A comparison of Zentalis Pharmaceuticals Inc (ZNTL) with its peers suggests the former has fared considerably weaker in the market. ZNTL showed an intraday change of -0.79% in last session, and over the past year, it shrunk by -90.50%%.

Data on historical trading for Zentalis Pharmaceuticals Inc (NASDAQ:ZNTL) indicates that the trading volumes over the past 10 days have averaged 0.89 and over the past 3 months, they’ve averaged 1.64 million. According to company’s latest data on outstanding shares, there are 71.28 million shares outstanding.

Nearly 24.81% of Zentalis Pharmaceuticals Inc’s shares belong to company insiders and institutional investors own 86.90% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.77 million shares as on 2025-03-31, resulting in a short ratio of 5.43. According to the data, the short interest in Zentalis Pharmaceuticals Inc (ZNTL) stood at 1327.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 5.17 million. The stock has fallen by -58.42% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ZNTL stock heading into the next quarter.

Most Popular