Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. ZenaTech Inc’s current trading price is -55.67% away from its 52-week high, while its distance from the 52-week low is 290.78%. The stock’s price range during this period has varied between $1.41 and $12.43. The company, active in the Technology sector, saw a trading volume of around 20.18 million for the day, considerably higher average daily volume of 4.43 million observed over the last three months.
ZenaTech Inc (ZENA) current stock price is $5.51. During the last trading session, the stock soared, reaching $8.88 after opening at $5.47. The stock’s lowest point was $8.88 before it closed at $4.8.
In terms of market performance, ZenaTech Inc had a somewhat inconsistent run in.
How Financial Performance Impacts Market Capitalization
ZenaTech Inc (ZENA) has experienced a quarterly rise of 158.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 140.84M and boasts a workforce of 132 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.51, with a change in price of +2.40. Similarly, ZenaTech Inc recorded 3,569,186 in trading volume during the last 100 days, posting a change of +77.92%.
How ZENA’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ZENA stands at 0.59. Similarly, the long-term debt-to-equity ratio is also 0.59.
ZENA Stock Stochastic Average
As of today, the raw stochastic average of ZenaTech Inc over the last 50 days is at 63.15%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 44.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 31.09% and 29.45%, respectively.
ZENA Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer.
