The stock of Zeta Global Holdings Corp (NYSE: ZETA) has decreased by -0.90 when compared to last closing price of 21.72. Despite this, the company has experienced a 22.44% gain in its stock price over the last five trading sessions. accesswire.com reported 2024-11-22 that LOS ANGELES, CA / ACCESSWIRE / November 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Zeta Global Holdings Corp. (“Zeta” or “the Company”) (NYSE:ZETA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Is It Worth Investing in Zeta Global Holdings Corp (NYSE: ZETA) Right Now?
Company’s 36-month beta value is 1.19.Analysts have differing opinions on the stock, with 9 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for ZETA is 183.88M, and currently, short sellers hold a 7.30% ratio of that floaft. The average trading volume of ZETA on November 22, 2024 was 6.18M shares.
ZETA’s Market Performance
The stock of Zeta Global Holdings Corp (ZETA) has seen a 22.44% increase in the past week, with a -17.62% drop in the past month, and a -14.21% fall in the past quarter. The volatility ratio for the week is 13.34%, and the volatility levels for the past 30 days are at 11.16% for ZETA. The simple moving average for the last 20 days is -17.82% for ZETA stock, with a simple moving average of 11.18% for the last 200 days.
Analysts’ Opinion of ZETA
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see ZETA reach a price target of $40. The rating they have provided for ZETA stocks is “Overweight” according to the report published on October 22nd, 2024.
Barclays gave a rating of “Equal Weight” to ZETA, setting the target price at $28 in the report published on October 18th of the current year.
ZETA Trading at -23.39% 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 -43.65% of loss for the given period.
Volatility was left at 11.16%, however, over the last 30 days, the volatility rate increased by 13.34%, as shares sank -18.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.22% lower at present.
During the last 5 trading sessions, ZETA rose by +23.32%, which changed the moving average for the period of 200-days by +121.90% in comparison to the 20-day moving average, which settled at $26.20. In addition, Zeta Global Holdings Corp saw 144.05% 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 NIEHAUS ROBERT H, who purchase 30,000 shares at the price of $18.62 back on Nov 18 ’24. After this action, NIEHAUS ROBERT H now owns 308,558 shares of Zeta Global Holdings Corp, valued at $558,600 using the latest closing price.
Elzie Jene, the Director of Zeta Global Holdings Corp, purchase 1,260 shares at $19.73 during a trade that took place back on Nov 18 ’24, which means that Elzie Jene is holding 64,768 shares at $24,863 based on the most recent closing price.
Stock Fundamentals for ZETA
Current profitability levels for the company are sitting at:
- -0.12 for the present operating margin
- 0.57 for the gross margin
The net margin for Zeta Global Holdings Corp stands at -0.13. The total capital return value is set at -0.16. Equity return is now at value -38.51, with -17.43 for asset returns.
Based on Zeta Global Holdings Corp (ZETA), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.6. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is -10.74.
Currently, EBITDA for the company is -124.36 million with net debt to EBITDA at 3.93. When we switch over and look at the enterprise to sales, we see a ratio of 5.47. The receivables turnover for the company is 4.42for trailing twelve months and the total asset turnover is 1.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.32.
Conclusion
In a nutshell, Zeta Global Holdings Corp (ZETA) has experienced a mixed 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.