On December 26, 2024, ZENA’s average trading volume was 6.62M shares.
ZENA) stock’s latest price update
The stock price of ZenaTech Inc (NASDAQ: ZENA) has dropped by -4.65 compared to previous close of 8.38. Despite this, the company has seen a gain of 8.94% in its stock price over the last five trading days. globenewswire.com reported 2024-12-19 that TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions driven by Quantum Computing, Drones as a Service, and enterprise SaaS, announces that its subsidiary company ZenaDrone has moved into its manufacturing facility in Phoenix, Arizona to produce US Defense and NATO drones, part of efforts to produce “Made in America” drones. The new facility will accommodate drone manufacturing and assembly, R&D, sales, pilot, and training teams, and has an aeronautical test range site for demonstrations.
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ZENA’s Market Performance
The volatility ratio for the week is 40.46%, and the volatility levels for the past 30 days are at 40.19% for ZENA. The simple moving average for the past 20 days is 10.21% for ZENA’s stock, with a 95.00% simple moving average for the past 200 days.
ZENA Trading at 92.29% from the 50-Day Moving Average
After a stumble in the market that brought ZENA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.72% of loss for the given period.
Volatility was left at 40.19%, however, over the last 30 days, the volatility rate increased by 40.46%, as shares surge +24.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +258.30% upper at present.
During the last 5 trading sessions, ZENA rose by +8.27%, in comparison to the 20-day moving average, which settled at $7.25. In addition, ZenaTech Inc saw -8.64% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ZENA
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 1.05 for the gross margin
The net margin for ZenaTech Inc stands at -0.4. The total capital return value is set at 0.01. Equity return is now at value -8.61, with -4.13 for asset returns.
Based on ZenaTech Inc (ZENA), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at -0.55. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is 0.51.
Currently, EBITDA for the company is 0.49 million with net debt to EBITDA at 115.77. When we switch over and look at the enterprise to sales, we see a ratio of 114.95. The receivables turnover for the company is 1363.49for 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 1.57.
Conclusion
To wrap up, the performance of ZenaTech Inc (ZENA) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
