Zeta Global Holdings Corp (ZETA) Shares Plummet Below 1-Year High

ATHA

Zeta Global Holdings Corp (NYSE: ZETA)’s stock price has decreased by -4.96 compared to its previous closing price of 22.38. However, the company has seen a 8.63% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-25 that NEW YORK, Nov. 25, 2024 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Zeta Global Holdings Corp. (“Zeta” or the “Company”) (NYSE: ZETA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

Is It Worth Investing in Zeta Global Holdings Corp (NYSE: ZETA) Right Now?

The stock has a 36-month beta value of 1.18. Opinions on the stock are mixed, 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 at present, short sellers hold a 7.30% of that float. On November 26, 2024, the average trading volume of ZETA was 6.32M shares.

ZETA’s Market Performance

The stock of Zeta Global Holdings Corp (ZETA) has seen a 8.63% increase in the past week, with a -20.52% drop in the past month, and a -16.52% fall in the past quarter. The volatility ratio for the week is 11.07%, and the volatility levels for the past 30 days are at 11.69% for ZETA. The simple moving average for the past 20 days is -18.03% for ZETA’s stock, with a 9.52% simple moving average for the past 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 -24.02% 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 -44.32% of loss for the given period.

Volatility was left at 11.69%, however, over the last 30 days, the volatility rate increased by 11.07%, as shares sank -21.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.89% lower at present.

During the last 5 trading sessions, ZETA rose by +8.63%, which changed the moving average for the period of 200-days by +112.91% in comparison to the 20-day moving average, which settled at $25.95. In addition, Zeta Global Holdings Corp saw 141.16% 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 5.36. 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

To sum up, Zeta Global Holdings Corp (ZETA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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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