Zapata Computing Holdings Inc. [ZPTA] Is Currently 4.68 below its 200 Period Moving Avg: What Does This Mean?

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Zapata Computing Holdings Inc. [NASDAQ: ZPTA] traded at a high on Tuesday, posting a 4.68 gain after which it closed the day’ session at $0.54.

The results of the trading session contributed to over 28115489 shares changing hands. Over the past one week, the price volatility of Zapata Computing Holdings Inc. stands at 17.41% while the volatility over the past one month is 12.71%.

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The market cap for ZPTA stock reached $17.16 million, with 31.98 million shares outstanding and 20.76 million shares in the current float. Compared to the average trading volume of 1.13M shares, ZPTA reached a trading volume of 28115489 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Zapata Computing Holdings Inc. [ZPTA]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZPTA shares is $1.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZPTA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Zapata Computing Holdings Inc. is set at 0.08, with the Price to Sales ratio for ZPTA stock in the period of the last 12 months amounting to 14.07.

How has ZPTA stock performed recently?

Zapata Computing Holdings Inc. [ZPTA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.22. With this latest performance, ZPTA shares dropped by -22.22% in over the last four-week period, additionally sinking by -95.40% over the last 6 months – not to mention a drop of -94.96% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZPTA stock in for the last two-week period is set at 46.83, with the RSI for the last a single of trading hit 53.30, and the three-weeks RSI is set at 40.65 for Zapata Computing Holdings Inc. [ZPTA]. The present Moving Average for the last 50 days of trading for this stock 0.6099, while it was recorded at 0.4852 for the last single week of trading, and 6.1535 for the last 200 days.

Zapata Computing Holdings Inc. [ZPTA]: Deeper insight into the fundamentals

Zapata Computing Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.41 and a Current Ratio set at 0.41.

Insider trade positions for Zapata Computing Holdings Inc. [ZPTA]

The top three institutional holders of ZPTA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in ZPTA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in ZPTA stock with ownership which is approximately 5.1238%.