Thumzup Media Corp (TZUP): A Technical Analysis

The public float for TZUP is 2.75M, and currently, short sellers hold a 0.10% ratio of that float. The average trading volume of TZUP on November 15, 2024 was 30.79K shares.

TZUP) stock’s latest price update

The stock of Thumzup Media Corp (NASDAQ: TZUP) has decreased by -22.15 when compared to last closing price of 4.92.Despite this, the company has seen a loss of -23.86% in its stock price over the last five trading days. globenewswire.com reported 2024-11-14 that Los Angeles, CA, Nov. 14, 2024 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), a leading provider of innovative social media branding and marketing solutions which allow businesses and brands to pay customers and fans cash through Venmo and PayPal for their posts on social media, is thrilled to announce an ambitious expansion plan aimed at significantly growing its presence throughout the greater Los Angeles region. The Company, which has been primarily focused on the west side of Los Angeles, is aggressively expanding into new areas. Following the Company’s successful Nasdaq listing and $8.2 million dollar underwritten offering, Thumzup is leveraging new resources to accelerate growth and connect more businesses with local communities through its innovative user-generated advertising approach.

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TZUP’s Market Performance

Thumzup Media Corp (TZUP) has experienced a -23.86% fall in stock performance for the past week, with a -40.39% drop in the past month, and a -28.28% drop in the past quarter. The volatility ratio for the week is 25.90%, and the volatility levels for the past 30 days are at 14.67% for TZUP. The simple moving average for the past 20 days is -32.16% for TZUP’s stock, with a -33.34% simple moving average for the past 200 days.

TZUP Trading at -32.52% from the 50-Day Moving Average

After a stumble in the market that brought TZUP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.46% of loss for the given period.

Volatility was left at 14.67%, however, over the last 30 days, the volatility rate increased by 25.90%, as shares sank -38.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.74% lower at present.

During the last 5 trading sessions, TZUP fell by -23.86%, in comparison to the 20-day moving average, which settled at $5.65. In addition, Thumzup Media Corp saw -36.17% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for TZUP

Current profitability levels for the company are sitting at:

  • -14642.57 for the present operating margin
  • -365.55 for the gross margin

The net margin for Thumzup Media Corp stands at -17662.96. The total capital return value is set at -3.15.

Currently, EBITDA for the company is -3.22 million with net debt to EBITDA at 0.18. When we switch over and look at the enterprise to sales, we see a ratio of 261226.33. The receivables turnover for the company is 0.01for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.37.

Conclusion

To put it simply, Thumzup Media Corp (TZUP) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.

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