Zooz Power Ltd (NASDAQ: ZOOZ) is 41.55% higher on its value in year-to-date trading and has touched a low of $0.73 and a high of $3.07 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 ZOOZ stock was last observed hovering at around $2.13 in the last trading session, with the day’s gains setting it 0.97%.
Currently trading at $3.1, the stock is 154.82% and 169.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.6 million and changing 45.54% at the moment leaves the stock 60.12% off its SMA200. ZOOZ registered 26.53% gain for a year compared to 6-month loss of 34.78%. The firm has a 50-day simple moving average (SMA 50) of $1.14846 and a 200-day simple moving average (SMA200) of $1.93862.
The stock witnessed a 324.66% gain in the last 1 month and extending the period to 3 months gives it a 112.33%, and is 171.93% 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 38.62% over the week and 19.34% over the month.
Zooz Power Ltd (ZOOZ) has around 38 employees, a market worth around $37.54M and $1.04M in sales. Profit margin for the company is -1055.72%. Distance from 52-week low is 327.59% and 0.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-150.22%).
10.0 institutions hold shares in Zooz Power Ltd (ZOOZ), with institutional investors hold 20.64% of the company’s shares. The shares outstanding are 12.11M, and float is at 7.60M with Short Float at 0.45%. Institutions hold 14.50% of the Float.
