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The closing price of Zevia PBC (NYSE: ZVIA) was $2.09 for the day, up 8.85% from the previous closing price of $1.92. In other words, the price has increased by $8.85 from its previous closing price. On the day, 1.66 million shares were traded. ZVIA stock price reached its highest trading level at $2.48 during the session, while it also had its lowest trading level at $1.995.
Ratios:
Our analysis of ZVIA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 2.85. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 the company, Telsey Advisory Group on July 25, 2023, Downgraded its rating to Market Perform and sets its target price to $4 from $5 previously.
On July 25, 2023, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $5 to $3.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 22 ’23 when DeBow Greig P. Jr. bought 23,455 shares for $2.14 per share. The transaction valued at 50,236 led to the insider holds 44,951 shares of the business.
White Pine LLC sold 92,852 shares of ZVIA for $100,280 on Oct 03 ’24. The 10% Owner now owns 1,425,598 shares after completing the transaction at $1.08 per share. On Oct 02 ’24, another insider, White Pine LLC, who serves as the 10% Owner of the company, sold 5,017 shares for $1.05 each. As a result, the insider received 5,268 and left with 1,518,450 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZVIA now has a Market Capitalization of 134867696 and an Enterprise Value of 70257896. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 1.73. Its current Enterprise Value per Revenue stands at 0.458 whereas that against EBITDA is -2.926.
Stock Price History:
Over the past 52 weeks, ZVIA has reached a high of $2.42, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 82.28%, while the 200-Day Moving Average is calculated to be 93.32%.
Shares Statistics:
ZVIA traded an average of 228.23K shares per day over the past three months and 723310 shares per day over the past ten days. A total of 54.22M shares are outstanding, with a floating share count of 44.21M. Insiders hold about 25.15% of the company’s shares, while institutions hold 47.07% stake in the company. Shares short for ZVIA as of 1728950400 were 717508 with a Short Ratio of 3.34, compared to 1726185600 on 756262. Therefore, it implies a Short% of Shares Outstanding of 717508 and a Short% of Float of 2.8099999.
