Zevia PBC (NYSE: ZVIA) is 74.19% higher on its value in year-to-date trading and has touched a low of $0.62 and a high of $3.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZVIA stock was last observed hovering at around $3.30 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $3.49, the stock is 17.47% and 67.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 5.76% at the moment leaves the stock 180.99% off its SMA200. ZVIA registered 75.07% gain for a year compared to 6-month gain of 369.97%. The firm has a 50-day simple moving average (SMA 50) of $2.0334 and a 200-day simple moving average (SMA200) of $1.23135.
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The stock witnessed a 59.88% loss in the last 1 month and extending the period to 3 months gives it a 184.66%, and is 9.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.54% over the week and 12.71% over the month.
Zevia PBC (ZVIA) has around 111 employees, a market worth around $269.49M and $153.38M in sales. Profit margin for the company is -14.02%. Distance from 52-week low is 467.48% and -6.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.29%).
with sales reaching $39.24M over the same period.The EPS is expected to grow by 26.42% this year, but quarterly earnings will post -6.93% year-over-year. Quarterly sales are estimated to grow 3.82% in year-over-year returns.
52.0 institutions hold shares in Zevia PBC (ZVIA), with institutional investors hold 68.57% of the company’s shares. The shares outstanding are 59.85M, and float is at 42.65M with Short Float at 1.63%. Institutions hold 59.46% of the Float.
The top institutional shareholder in the company is CAISSE DE DEPOT ET PLACEMENT DU QUEBEC with over 22.02 million shares valued at $14.87 million. The investor’s holdings represent 39.4024 of the ZVIA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.28 million shares valued at $0.86 million to account for 2.2871 of the shares outstanding. The other top investors are SILVERCREST ASSET MANAGEMENT GROUP LLC which holds 0.71 million shares representing 1.2749 and valued at over $0.48 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.9658 of the shares totaling 0.54 million with a market value of $0.36 million.
Zevia PBC (ZVIA) Insider Activity
The most recent transaction is an insider sale by Ripley Rosemary L, the company’s Director. SEC filings show that Ripley Rosemary L sold 2,567,006 shares of the company’s common stock on Dec 05 ’24 at a price of $1.90 per share for a total of $4.88 million. Following the sale, the insider now owns 2.72 million shares.
Zevia PBC disclosed in a document filed with the SEC on Oct 03 ’24 that White Pine LLC (10% Owner) sold a total of 92,852 shares of the company’s common stock. The trade occurred on Oct 03 ’24 and was made at $1.08 per share for $0.1 million. Following the transaction, the insider now directly holds 1.43 million shares of the ZVIA stock.
Still, SEC filings show that on Oct 02 ’24, White Pine LLC (10% Owner) disposed off 5,017 shares at an average price of $1.05 for $5268.0. The insider now directly holds 1,518,450 shares of Zevia PBC (ZVIA).
