ZenaTech Inc [ZENA] is -66.19% lower this YTD. Is it still time to buy?

ZenaTech Inc [NASDAQ: ZENA] surged by $0.41 during the normal trading session on while it closed the day at $2.60.

ZenaTech Inc stock has also gained 19.82% of its value over the past 7 days. However, ZENA stock has declined by -56.08% in the 3 months of the year. Over the past six months meanwhile, it has gained 28.71% and lost -66.19% year-on date.

The market cap for ZENA stock reached $61.36 million, with 25.10 million shares outstanding and 9.00 million shares in the current float. Compared to the average trading volume of 374.62K shares, ZENA reached a trading volume of 48176720 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about ZenaTech Inc [ZENA]:

The Average True Range (ATR) for ZenaTech Inc is set at 0.37, with the Price to Sales ratio for ZENA stock in the period of the last 12 months amounting to 42.91. The Price to Book ratio for the last quarter was 4.30, with the Price to Cash per share for the same quarter was set at 0.11.

ZENA stock trade performance evaluation

ZenaTech Inc [ZENA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.82. With this latest performance, ZENA shares dropped by -16.67% in over the last four-week period, additionally plugging by 28.71% over the last 6 months.

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 ZENA stock in for the last two-week period is set at 50.40, with the RSI for the last a single of trading hit 59.80, and the three-weeks RSI is set at 46.10 for ZenaTech Inc [ZENA]. The present Moving Average for the last 50 days of trading for this stock 3.15, while it was recorded at 2.25 for the last single week of trading.

ZenaTech Inc [ZENA]: An insightful look at the core fundamentals

ZenaTech Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.17 and a Current Ratio set at 2.17.

ZenaTech Inc [ZENA]: Institutional Ownership

There are presently around $1.54%, or 6.60%% of ZENA stock, in the hands of institutional investors.