Closing Figures: Zeta Network Group (ZNB)’s Negative Finish at 0.77, Down -2.78

Nora Barnes

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After finishing at $0.79 in the prior trading day, Zeta Network Group (NASDAQ: ZNB) closed at $0.77, down -2.78%. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 0.61 million shares were traded. ZNB stock price reached its highest trading level at $0.7949 during the session, while it also had its lowest trading level at $0.7511.

Ratios:

Our goal is to gain a better understanding of ZNB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZNB now has a Market Capitalization of 112489048 and an Enterprise Value of 2258464. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.89 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at 1.276 whereas that against EBITDA is -0.313.

Stock Price History:

The Beta on a monthly basis for ZNB is 2.60, which has changed by -0.99183464 over the last 52 weeks, in comparison to a change of 0.12415576 over the same period for the S&P500. Over the past 52 weeks, ZNB has reached a high of $120.75, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -43.91%, while the 200-Day Moving Average is calculated to be -94.53%.

Shares Statistics:

The stock has traded on average 7.34M shares per day over the past 3-months and 413840 shares per day over the last 10 days, according to various share statistics. A total of 146.28M shares are outstanding, with a floating share count of 146.26M. Insiders hold about 0.01% of the company’s shares, while institutions hold 0.06% stake in the company. Shares short for ZNB as of 1763078400 were 1004019 with a Short Ratio of 0.14, compared to 1760486400 on 1298011. Therefore, it implies a Short% of Shares Outstanding of 1004019 and a Short% of Float of 0.69.

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