The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors.
Currently, the stock price of ZenaTech Inc (ZENA) is $5.83. In the most recent trading session, the stock underwent a significant upswing, peaking at $8.91 after opening at $5.83. The stock touched a low of $8.91 before closing at $6.48.
In terms of market performance, ZenaTech Inc had a somewhat inconsistent run in.
52-week price history of ZENA Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. ZenaTech Inc’s current trading price is -53.10% away from its 52-week high, while its distance from the 52-week low is 313.48%. The stock’s price range over this timeframe has been between $1.41 and $12.43. The shares of the Technology sector company recorded a trading volume of approximately 2.17 million for the day, which was comparatively lower than the average daily volume of 5.14 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
ZenaTech Inc (ZENA) has experienced a quarterly rise of 168.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 148.66M and boasts a workforce of 132 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.20, with a change in price of +1.57. Similarly, ZenaTech Inc recorded 3,319,197 in trading volume during the last 100 days, posting a change of +36.85%.
ZENA’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
ZenaTech Inc’s raw stochastic average for the past 50 days is currently at 75.79%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 68.06%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 78.45% and 82.65%, respectively.
