Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective.
The stock price for ZenaTech Inc (ZENA) currently stands at $5.03. The stock experienced a substantial increase in the last session, hitting $8.93 after starting at $5.03. The stock’s lowest price was $8.93 before closing at $4.21.
ZenaTech Inc’s market performance has been unstable in recent times.
52-week price history of ZENA Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. ZenaTech Inc’s current trading price is -59.53% away from its 52-week high, while its distance from the 52-week low is 256.74%. The stock’s price range during this time has been between $1.41 and $12.43. The trading volume for the Technology sector company’s shares reached about 4.26 million for the day, which was lower than the average daily volume of 4.79 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
ZenaTech Inc (ZENA) has experienced a quarterly rise of 126.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 128.27M and boasts a workforce of 132 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.13, with a change in price of -0.24. Similarly, ZenaTech Inc recorded 3,129,643 in trading volume during the last 100 days, posting a change of -4.55%.
ZENA’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ZENA stands at 0.84. Similarly, the long-term debt-to-equity ratio is also 0.84.
ZENA Stock Stochastic Average
Today, ZenaTech Inc’s raw stochastic average for the past 50 days stands at 61.59%, indicating a rise from the raw stochastic average of the last 20 days, which was 58.63%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 37.35% and 24.83% respectively.
