Thumzup Media Corp (NASDAQ: TZUP)’s stock price has plunge by 1.23relation to previous closing price of 5.16. Nevertheless, the company has seen a 28.66% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-22 that Los Angeles, CA, Nov. 22, 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 pleased to announce that its proprietary ad-tech platform has now attracted over 500 advertisers, reflecting a robust 202% growth since the beginning of the year.
Is It Worth Investing in Thumzup Media Corp (NASDAQ: TZUP) Right Now?
The public float for TZUP is 1.75M, and currently, shorts hold a 2.09% of that float. The average trading volume for TZUP on December 03, 2024 was 65.60K shares.
TZUP’s Market Performance
The stock of Thumzup Media Corp (TZUP) has seen a 28.66% increase in the past week, with a -11.01% drop in the past month, and a -2.36% fall in the past quarter. The volatility ratio for the week is 11.59%, and the volatility levels for the past 30 days are at 19.06% for TZUP. The simple moving average for the last 20 days is 15.63% for TZUP stock, with a simple moving average of -6.18% for the last 200 days.
TZUP Trading at -3.06% 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 -33.79% of loss for the given period.
Volatility was left at 19.06%, however, over the last 30 days, the volatility rate increased by 11.59%, as shares sank -8.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.54% lower at present.
During the last 5 trading sessions, TZUP rose by +25.62%, which changed the moving average for the period of 200-days by -15.00% in comparison to the 20-day moving average, which settled at $4.51. In addition, Thumzup Media Corp saw -12.94% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TZUP starting from HAAG ROBERT L, who purchase 1,111 shares at the price of $4.06 back on Nov 25 ’24. After this action, HAAG ROBERT L now owns 290,310 shares of Thumzup Media Corp, valued at $4,511 using the latest closing price.
HAAG ROBERT L, the Director of Thumzup Media Corp, purchase 2,000 shares at $4.20 during a trade that took place back on Nov 25 ’24, which means that HAAG ROBERT L is holding 289,199 shares at $8,400 based on the most recent closing price.
Stock Fundamentals for TZUP
Current profitability levels for the company are sitting at:
- -7922.82 for the present operating margin
- -80.83 for the gross margin
The net margin for Thumzup Media Corp stands at -7961.62. The total capital return value is set at -8.89.
Based on Thumzup Media Corp (TZUP), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at -14.58. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is -161.72.
Currently, EBITDA for the company is -3.22 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 240441.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
In conclusion, Thumzup Media Corp (TZUP) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
