The stock of ZenaTech Inc (ZENA) has seen a -30.24% decrease in the past week, with a -21.14% drop in the past month, and a 197.18% flourish in the past quarter. The volatility ratio for the week is 16.67%, and the volatility levels for the past 30 days are at 24.11% for ZENA. The simple moving average for the past 20 days is -28.70% for ZENA’s stock, with a 14.51% simple moving average for the past 200 days.
Is It Worth Investing in ZenaTech Inc (NASDAQ: ZENA) Right Now?
The public float for ZENA is 6.60M, and at present, short sellers hold a 6.89% of that float. The average trading volume of ZENA on January 14, 2025 was 6.49M shares.
ZENA) stock’s latest price update
ZenaTech Inc (NASDAQ: ZENA)’s stock price has dropped by -13.77 in relation to previous closing price of 6.10. Nevertheless, the company has seen a loss of -30.24% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-11 that The ‘Undercovered’ Dozen series highlights lesser-covered stocks, offering investment ideas and encouraging discussion among investors. Pacifica Yield highlights Brookfield Infrastructure’s subordinated notes with a 32% discount opportunity and a 7.2% yield, backed by a strong balance sheet and diversified assets. Cerence Inc.’s partnership with Nvidia boosts its AI capabilities according to Uttam Dey, but caution is advised due to recent stock surge and potential volatility.
ZENA Trading at -0.78% 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 -57.68% of loss for the given period.
Volatility was left at 24.11%, however, over the last 30 days, the volatility rate increased by 16.67%, as shares sank -7.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +155.34% upper at present.
During the last 5 trading sessions, ZENA fell by -30.24%, in comparison to the 20-day moving average, which settled at $7.38. In addition, ZenaTech Inc saw -31.60% 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 ZENA starting from Passley Shaun, who proposed sale 45,447 shares at the price of $8.00 back on Dec 20 ’24. After this action, Passley Shaun now owns shares of ZenaTech Inc, valued at $363,576 using the latest closing price.
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 77.53. 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
In summary, ZenaTech Inc (ZENA) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
