The stock of Zapp Electric Vehicles Group Ltd (ZAPP) has seen a -33.22% decrease in the past week, with a -61.83% drop in the past month, and a -68.79% decrease in the past quarter. The volatility ratio for the week is 32.30%, and the volatility levels for the past 30 days are at 30.72% for ZAPP. The simple moving average for the past 20 days is -51.65% for ZAPP’s stock, with a -83.21% simple moving average for the past 200 days.
Is It Worth Investing in Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) Right Now?
Company’s 36-month beta value is 0.86.
The public float for ZAPP is 1.39M, and currently, short sellers hold a 0.57% ratio of that floaft. The average trading volume of ZAPP on May 06, 2024 was 58.46K shares.
ZAPP) stock’s latest price update
Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) has experienced a decline in its stock price by -24.65 compared to its previous closing price of 2.54. However, the company has seen a fall of -33.22% in its stock price over the last five trading days. Green Stock News reported 2023-07-26 that Zapp Electric Vehicles (NASDAQ: ZAPP), a producer of 2 wheel EV’s, has been granted European patents for two components of its i300 electric urban motorcycle. The Z-shaped exoskeleton and removable front fender are at the core of the i300’s innovative design, combining the performance of a motorbike with the convenience of a scooter.
ZAPP Trading at -58.80% from the 50-Day Moving Average
After a stumble in the market that brought ZAPP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.05% of loss for the given period.
Volatility was left at 30.72%, however, over the last 30 days, the volatility rate increased by 32.30%, as shares sank -61.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -61.74% lower at present.
During the last 5 trading sessions, ZAPP fell by -33.22%, which changed the moving average for the period of 200-days by -94.54% in comparison to the 20-day moving average, which settled at $3.8011. In addition, Zapp Electric Vehicles Group Ltd saw -63.88% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ZAPP
The total capital return value is set at 0.2.
Based on Zapp Electric Vehicles Group Ltd (ZAPP), the company’s capital structure generated -0.39 points at debt to capital in total, while cash flow to debt ratio is standing at -1.27. The debt to equity ratio resting at -0.28. The interest coverage ratio of the stock is -10.72.
Currently, EBITDA for the company is -3.35 million with net debt to EBITDA at -1.28.
Conclusion
In a nutshell, Zapp Electric Vehicles Group Ltd (ZAPP) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
