Will ZenaTech Inc (ZENA) benefit from Wall Street bulls Calls?

ZenaTech Inc (NASDAQ: ZENA) is -20.42% lower on its value in year-to-date trading and has touched a low of $1.41 and a high of $12.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZENA stock was last observed hovering at around $6.40 in the last trading session, with the day’s loss setting it -0.28%.

Currently trading at $6.12, the stock is -14.51% and 8.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing -4.38% at the moment leaves the stock 30.71% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $5.6352 and a 200-day simple moving average (SMA200) of $4.681987.

The stock witnessed a -21.13% in the last 1 month and extending the period to 3 months gives it a 148.78%, and is 0.33% 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 12.07% over the week and 22.32% over the month.

ZenaTech Inc (ZENA) has around 56 employees, a market worth around $105.94M and $1.47M in sales. Profit margin for the company is -39.48%. Distance from 52-week low is 334.04% and -50.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.82%).