rts logo

New Big Money Means ZenaTech Inc (ZENA) Investors Could Reap Benefit

ZenaTech Inc (NASDAQ: ZENA) is -71.39% 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 $2.17 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $2.20, the stock is -10.99% and -34.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 1.38% at the moment leaves the stock -48.17% off its SMA200. ZENA registered a gain of 11.68% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $3.3774 and a 200-day simple moving average (SMA200) of $4.244737.

The stock witnessed a -28.57% loss in the last 1 month and extending the period to 3 months gives it a -65.62%, and is 0.46% 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 12.58% over the week and 11.43% over the month.

Profit margin for the company is -225.25%. Distance from 52-week low is 56.03% and -82.30% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.60%).

13.0 institutions hold shares in ZenaTech Inc (ZENA), with institutional investors hold 6.60% of the company’s shares. The shares outstanding are 25.10M, and float is at 9.00M with Short Float at 7.20%. Institutions hold 1.54% of the Float.

Related Posts