Zevia PBC (ZVIA)’s Market Momentum: Closing Strong at 4.59, Down -1.08

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As of close of business last night, Zevia PBC’s stock clocked out at $4.59, down -1.08% from its previous closing price of $4.64. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 0.51 million shares were traded. ZVIA stock price reached its highest trading level at $4.7 during the session, while it also had its lowest trading level at $4.3928.

Ratios:

To gain a deeper understanding of ZVIA’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 05 ’24 when Ripley Rosemary L sold 2,567,006 shares for $1.90 per share. The transaction valued at 4,876,285 led to the insider holds 2,719,258 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 296192704 and an Enterprise Value of 220040064. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 3.79. Its current Enterprise Value per Revenue stands at 1.435 whereas that against EBITDA is -9.164.

Stock Price History:

Over the past 52 weeks, ZVIA has reached a high of $4.78, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 77.96%, while the 200-Day Moving Average is calculated to be 236.45%.

Shares Statistics:

It appears that ZVIA traded 637.06K shares on average per day over the past three months and 891770 shares per day over the past ten days. A total of 59.85M shares are outstanding, with a floating share count of 42.65M. Insiders hold about 28.82% of the company’s shares, while institutions hold 44.34% stake in the company. Shares short for ZVIA as of 1734048000 were 695654 with a Short Ratio of 1.09, compared to 1731628800 on 497720. Therefore, it implies a Short% of Shares Outstanding of 695654 and a Short% of Float of 2.6400002.

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