For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) closed at $1.20 in the last session, down -11.76% from day before closing price of $1.36. In other words, the price has decreased by -$11.76 from its previous closing price. On the day, 0.3 million shares were traded. ZAPP stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $1.18.
Ratios:
We take a closer look at ZAPP’s different ratios to gain a better understanding of the stock.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZAPP now has a Market Capitalization of 5056848 and an Enterprise Value of 8798470.
Stock Price History:
The Beta on a monthly basis for ZAPP is 1.23, which has changed by -0.79591835 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, ZAPP has reached a high of $139.60, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is -29.25%, while the 200-Day Moving Average is calculated to be -90.49%.
Shares Statistics:
According to the various share statistics, ZAPP traded on average about 130.45K shares per day over the past 3-months and 229710 shares per day over the past 10 days. A total of 4.21M shares are outstanding, with a floating share count of 2.67M. Insiders hold about 36.63% of the company’s shares, while institutions hold 3.81% stake in the company. Shares short for ZAPP as of 1734048000 were 109441 with a Short Ratio of 0.84, compared to 1731628800 on 57404. Therefore, it implies a Short% of Shares Outstanding of 109441 and a Short% of Float of 5.8999999999999995.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
Based on 3 analysts’ estimates, the company’s revenue will be $35.63M in the next fiscal year. The high estimate is $42.8M and the low estimate is $24.1M.