In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) closed at $1.91 down -24.65% from its previous closing price of $2.54. In other words, the price has decreased by -$24.65 from its previous closing price. On the day, 1.22 million shares were traded. ZAPP stock price reached its highest trading level at $2.8701 during the session, while it also had its lowest trading level at $1.8585.
Ratios:
For a deeper understanding of Zapp Electric Vehicles Group Ltd’s stock, let’s take a closer look at its various 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 5978414 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 0.86, which has changed by -0.9614742 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, ZAPP has reached a high of $200.00, while it has fallen to a 52-week low of $2.24. The 50-Day Moving Average of the stock is -58.80%, while the 200-Day Moving Average is calculated to be -83.21%.
Shares Statistics:
For the past three months, ZAPP has traded an average of 58.46K shares per day and 340812 over the past ten days. 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 0.13, compared to 1693440000 on 52326.
