Zeta Global Holdings Corp (ZETA) Shares Soar Above 1-Year High

The stock of Zeta Global Holdings Corp (NYSE: ZETA) has increased by 0.77 when compared to last closing price of 10.45.Despite this, the company has seen a loss of -2.59% in its stock price over the last five trading days. InvestorPlace reported 2024-03-08 that In the stock markets, fortunes rise and fall on the tide of hype and advancements, with the tech sector impacted the most. As the world is in the middle of a decade, the stage is set for the listed tech titans to emerge as veritable champions.

Is It Worth Investing in Zeta Global Holdings Corp (NYSE: ZETA) Right Now?

The 36-month beta value for ZETA is at 1.22. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for ZETA is 157.24M, and currently, shorts hold a 6.36% of that float. The average trading volume for ZETA on April 04, 2024 was 1.33M shares.

ZETA’s Market Performance

The stock of Zeta Global Holdings Corp (ZETA) has seen a -2.59% decrease in the past week, with a 2.13% rise in the past month, and a 25.36% gain in the past quarter. The volatility ratio for the week is 2.63%, and the volatility levels for the past 30 days are at 2.86% for ZETA. The simple moving average for the past 20 days is -0.72% for ZETA’s stock, with a 18.79% simple moving average for the past 200 days.

Analysts’ Opinion of ZETA

B. Riley Securities, on the other hand, stated in their research note that they expect to see ZETA reach a price target of $13. The rating they have provided for ZETA stocks is “Buy” according to the report published on December 09th, 2022.

Credit Suisse gave a rating of “Neutral” to ZETA, setting the target price at $9 in the report published on November 22nd of the previous year.

ZETA Trading at 2.40% from the 50-Day Moving Average

After a stumble in the market that brought ZETA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.83% of loss for the given period.

Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares surge +4.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.45% upper at present.

During the last 5 trading sessions, ZETA fell by -2.59%, which changed the moving average for the period of 200-days by +15.33% in comparison to the 20-day moving average, which settled at $10.63. In addition, Zeta Global Holdings Corp saw 19.39% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ZETA starting from Ravella Satish, who sale 5,723 shares at the price of $8.54 back on Dec 15 ’23. After this action, Ravella Satish now owns 166,311 shares of Zeta Global Holdings Corp, valued at $48,874 using the latest closing price.

Ravella Satish, the Senior Vice President, Finance of Zeta Global Holdings Corp, sale 5,000 shares at $9.00 during a trade that took place back on Oct 17 ’23, which means that Ravella Satish is holding 225,141 shares at $45,005 based on the most recent closing price.

Stock Fundamentals for ZETA

Current profitability levels for the company are sitting at:

  • -0.23 for the present operating margin
  • 0.6 for the gross margin

The net margin for Zeta Global Holdings Corp stands at -0.26. The total capital return value is set at -0.43. Equity return is now at value -121.52, with -35.89 for asset returns.

Based on Zeta Global Holdings Corp (ZETA), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 1.02. The interest coverage ratio of the stock is -15.31.

Currently, EBITDA for the company is -113.49 million with net debt to EBITDA at -0.43. When we switch over and look at the enterprise to sales, we see a ratio of 3.23. The receivables turnover for the company is 4.28for trailing twelve months and the total asset turnover is 1.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.

Conclusion

In conclusion, Zeta Global Holdings Corp (ZETA) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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