The stock of ParaZero Technologies Ltd (NASDAQ: PRZO) has increased by 3.26 when compared to last closing price of 0.63. Despite this, the company has experienced a 13.81% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-26 that Tel Aviv, Israel, Nov. 26, 2024 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “Company” or “ParaZero”), an aerospace company focused on safety systems for defense and commercial drones and urban air mobility aircraft, announced today that it has partnering with Drone Nerds Inc., one of North America’s largest enterprise drone solution providers. This collaboration marks a significant step forward in making ParaZero’s innovative SafeAir Parachute Recovery System accessible to enterprise customers across industries as the Company expands its reach across in North America.
Is It Worth Investing in ParaZero Technologies Ltd (NASDAQ: PRZO) Right Now?
PRZO has 36-month beta value of -2.86.
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The public float for PRZO is 9.01M, and currently, short sellers hold a 1.05% ratio of that float. The average trading volume of PRZO on November 26, 2024 was 328.45K shares.
PRZO’s Market Performance
The stock of ParaZero Technologies Ltd (PRZO) has seen a 13.81% increase in the past week, with a 4.78% rise in the past month, and a 18.87% gain in the past quarter. The volatility ratio for the week is 9.27%, and the volatility levels for the past 30 days are at 7.79% for PRZO. The simple moving average for the past 20 days is 10.27% for PRZO’s stock, with a -0.44% simple moving average for the past 200 days.
PRZO Trading at 4.39% from the 50-Day Moving Average
After a stumble in the market that brought PRZO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.98% of loss for the given period.
Volatility was left at 7.79%, however, over the last 30 days, the volatility rate increased by 9.27%, as shares surge +9.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.94% upper at present.
During the last 5 trading sessions, PRZO rose by +16.44%, which changed the moving average for the period of 200-days by -5.65% in comparison to the 20-day moving average, which settled at $0.5948. In addition, ParaZero Technologies Ltd saw -7.87% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PRZO
Current profitability levels for the company are sitting at:
- -8.34 for the present operating margin
- 0.12 for the gross margin
The net margin for ParaZero Technologies Ltd stands at -9.58. The total capital return value is set at -0.8. Equity return is now at value -512.37, with -131.83 for asset returns.
Based on ParaZero Technologies Ltd (PRZO), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -23.96.
Currently, EBITDA for the company is -3.6 million with net debt to EBITDA at 0.89. When we switch over and look at the enterprise to sales, we see a ratio of 39.2. The receivables turnover for the company is 5.02for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.92.
Conclusion
To put it simply, ParaZero Technologies Ltd (PRZO) has had a mixed 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.
