The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) closed at $0.99 down -17.92% from its previous closing price of $1.20. In other words, the price has decreased by -$17.92 from its previous closing price. On the day, 2.35 million shares were traded. ZAPP stock price reached its highest trading level at $1.18 during the session, while it also had its lowest trading level at $0.7299.
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 6412783 and an Enterprise Value of 9455804.
Stock Price History:
The Beta on a monthly basis for ZAPP is 1.22, which has changed by -0.78647685 over the last 52 weeks, in comparison to a change of 0.21926713 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 -29.16%, while the 200-Day Moving Average is calculated to be -78.57%.
Shares Statistics:
For the past three months, ZAPP has traded an average of 602.24K shares per day and 2864500 over the past ten 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 1736899200 were 28003 with a Short Ratio of 0.05, compared to 1734048000 on 109441. Therefore, it implies a Short% of Shares Outstanding of 28003 and a Short% of Float of 1.50999995.
