Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Zeta Network Group (NASDAQ: ZNB) closed the day trading at $0.73 down -3.93% from the previous closing price of $0.76. In other words, the price has decreased by -$3.93 from its previous closing price. On the day, 0.54 million shares were traded. ZNB stock price reached its highest trading level at $0.791 during the session, while it also had its lowest trading level at $0.7059.
Ratios:
For a better understanding of ZNB, let’s 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 106798768 and an Enterprise Value of 2248554. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.23 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 1.27 whereas that against EBITDA is -0.312.
Stock Price History:
The Beta on a monthly basis for ZNB is 2.72, which has changed by -0.9927446 over the last 52 weeks, in comparison to a change of 0.09654534 over the same period for the S&P500. Over the past 52 weeks, ZNB has reached a high of $161.49, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -50.69%, while the 200-Day Moving Average is calculated to be -95.13%.
Shares Statistics:
Over the past 3-months, ZNB traded about 7.57M shares per day on average, while over the past 10 days, ZNB traded about 499030 shares per day. 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 1761868800 were 1527335 with a Short Ratio of 0.20, compared to 1759190400 on 911750. Therefore, it implies a Short% of Shares Outstanding of 1527335 and a Short% of Float of 18.67.
