Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) closed the day trading at $2.77 down -3.15% from the previous closing price of $2.86. In other words, the price has decreased by -$3.15 from its previous closing price. On the day, 1.56 million shares were traded. ZAPP stock price reached its highest trading level at $4.46 during the session, while it also had its lowest trading level at $2.74.
Ratios:
For a better understanding of ZAPP, let’s look at its different ratios.
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 8951975 and an Enterprise Value of 23898096. Its current Enterprise Value per Revenue stands at 6059.355 whereas that against EBITDA is -6.854.
Stock Price History:
The Beta on a monthly basis for ZAPP is 0.78, which has changed by -0.97458714 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, ZAPP has reached a high of $209.40, while it has fallen to a 52-week low of $2.60. The 50-Day Moving Average of the stock is -43.16%, while the 200-Day Moving Average is calculated to be -77.11%.
Shares Statistics:
Over the past 3-months, ZAPP traded about 25.56K shares per day on average, while over the past 10 days, ZAPP traded about 296747 shares per day. A total of 57.90M shares are outstanding, with a floating share count of 1.39M. Insiders hold about 55.56% of the company’s shares, while institutions hold 4.46% stake in the company. Shares short for ZAPP as of 1695945600 were 24293 with a Short Ratio of 0.31, compared to 1693440000 on 52326.
