Zeo Energy Corp [NASDAQ: ZEO] gained 41.03% or 0.96 points to close at $3.30 with a heavy trading volume of 33449534 shares.
The daily chart for ZEO points out that the company has recorded -4.07% loss over the past six months.
If we look at the average trading volume of 956.46K shares, ZEO reached to a volume of 33449534 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Zeo Energy Corp [ZEO]:
The Average True Range (ATR) for Zeo Energy Corp is set at 0.59, with the Price to Sales ratio for ZEO stock in the period of the last 12 months amounting to 4.09.
Trading performance analysis for ZEO stock
Zeo Energy Corp [ZEO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 52.07. With this latest performance, ZEO shares gained by 44.74% in over the last four-week period, additionally sinking by -4.07% over the last 6 months – not to mention a drop of -70.74% 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 ZEO stock in for the last two-week period is set at 61.46, with the RSI for the last a single of trading hit 63.88, and the three-weeks RSI is set at 60.17 for Zeo Energy Corp [ZEO]. The present Moving Average for the last 50 days of trading for this stock 1.96, while it was recorded at 2.48 for the last single week of trading, and 2.98 for the last 200 days.
Zeo Energy Corp [ZEO]: A deeper dive into fundamental analysis
Zeo Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.12 and a Current Ratio set at 2.17.
