The stock of Zapata Computing Holdings Inc. (NASDAQ: ZPTA) has increased by 4.07 when compared to last closing price of 1.23. Despite this, the company has experienced a -5.19% fall in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-24 that Zapata Computing (NASDAQ: ZPTA ) stock is rising higher on Wednesday after the artificial intelligence ( AI ) company revealed the details of a secondary share offering. A filing with the Securities and Exchange Commission (SEC) reveals details of a secondary offering from investors in Zapata Computing.
Is It Worth Investing in Zapata Computing Holdings Inc. (NASDAQ: ZPTA) Right Now?
Company’s 36-month beta value is 0.61.
The public float for ZPTA is 18.36M, and currently, short sellers hold a 2.31% ratio of that floaft. The average trading volume of ZPTA on May 07, 2024 was 997.61K shares.
ZPTA’s Market Performance
The stock of Zapata Computing Holdings Inc. (ZPTA) has seen a -5.19% decrease in the past week, with a -47.54% drop in the past month, and a -88.33% fall in the past quarter. The volatility ratio for the week is 9.23%, and the volatility levels for the past 30 days are at 12.31% for ZPTA. The simple moving average for the last 20 days is -28.47% for ZPTA stock, with a simple moving average of -86.60% for the last 200 days.
ZPTA Trading at -78.75% from the 50-Day Moving Average
After a stumble in the market that brought ZPTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.08% of loss for the given period.
Volatility was left at 12.31%, however, over the last 30 days, the volatility rate increased by 9.23%, as shares sank -50.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -85.62% lower at present.
During the last 5 trading sessions, ZPTA fell by -4.48%, which changed the moving average for the period of 200-days by -87.81% in comparison to the 20-day moving average, which settled at $1.7235. In addition, Zapata Computing Holdings Inc. saw -88.22% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ZPTA
The total capital return value is set at -0.1. Equity return is now at value -0.57, with -0.53 for asset returns.
Based on Zapata Computing Holdings Inc. (ZPTA), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -1.24. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -117.73.
Currently, EBITDA for the company is -8.35 million with net debt to EBITDA at -0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.22.
Conclusion
In a nutshell, Zapata Computing Holdings Inc. (ZPTA) 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.
