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The closing price of Zedge Inc (AMEX: ZDGE) was $2.55 for the day, down -1.92% from the previous closing price of $2.60. In other words, the price has decreased by -$1.92 from its previous closing price. On the day, 62002.0 shares were traded. ZDGE stock price reached its highest trading level at $2.65 during the session, while it also had its lowest trading level at $2.51.
Ratios:
Our analysis of ZDGE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.44. For the most recent quarter (mrq), Quick Ratio is recorded 3.62 and its Current Ratio is at 3.62. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on March 16, 2021, Reiterated its Buy rating but revised its target price to $24 from $19 previously.
On February 11, 2021, Maxim Group started tracking the stock assigning a Buy rating and target price of $19.
On June 25, 2020, National Securities started tracking the stock assigning a Buy rating and target price of $3.National Securities initiated its Buy rating on June 25, 2020, with a $3 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZDGE now has a Market Capitalization of 36065924 and an Enterprise Value of 12735133. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 0.423 whereas that against EBITDA is 8.004.
Stock Price History:
The Beta on a monthly basis for ZDGE is 1.26, which has changed by 0.108695626 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, ZDGE has reached a high of $5.18, while it has fallen to a 52-week low of $1.93. The 50-Day Moving Average of the stock is -5.63%, while the 200-Day Moving Average is calculated to be -14.80%.
Shares Statistics:
ZDGE traded an average of 108.45K shares per day over the past three months and 179910 shares per day over the past ten days. A total of 13.62M shares are outstanding, with a floating share count of 11.46M. Insiders hold about 18.94% of the company’s shares, while institutions hold 15.18% stake in the company. Shares short for ZDGE as of 1732838400 were 12133 with a Short Ratio of 0.17, compared to 1730332800 on 15772. Therefore, it implies a Short% of Shares Outstanding of 12133 and a Short% of Float of 0.1.
Earnings Estimates
The market rating of Zedge Inc (ZDGE) is currently shaped by the ongoing analysis conducted by 1.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.07 and $0.07 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.2, with 1.0 analysts recommending between $0.2 and $0.2.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $7.71M to a low estimate of $7.71M. As of the current estimate, Zedge Inc’s year-ago sales were $7.77MFor the next quarter, 1 analysts are estimating revenue of $7.18M. There is a high estimate of $7.18M for the next quarter, whereas the lowest estimate is $7.18M.
A total of 1 analysts have provided revenue estimates for ZDGE’s current fiscal year. The highest revenue estimate was $29.6M, while the lowest revenue estimate was $29.6M, resulting in an average revenue estimate of $29.6M. In the same quarter a year ago, actual revenue was $30.09MBased on 1 analysts’ estimates, the company’s revenue will be $31.48M in the next fiscal year. The high estimate is $31.48M and the low estimate is $31.48M.
