Market cap of Zeta Network Group [ZNB] reaches 1.99M – now what?

Edison Baldwin

Zeta Network Group [NASDAQ: ZNB] stock went on an upward path that rose over 104.82% on Tuesday, amounting to a one-week price increase of more than 123.68%.

Over the last 12 months, ZNB stock dropped by -94.26%.

Compared to the average trading volume of 5.04M shares, ZNB stock reached a trading volume of 147735097 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Zeta Network Group [ZNB]:

The Price to Book ratio for the last quarter was 0.09, with the Price to Cash per share for the same quarter was set at 0.22.

ZNB Stock Performance Analysis:

Zeta Network Group [ZNB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 123.68. With this latest performance, ZNB shares gained by 101.18% in over the last four-week period, additionally sinking by -81.27% over the last 6 months – not to mention a drop of -94.26% 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 ZNB stock in for the last two-week period is set at 57.48, with the RSI for the last a single of trading hit 0.6100, and the three-weeks RSI is set at 0.7800 for Zeta Network Group [ZNB]. The present Moving Average for the last 50 days of trading for this stock 5.2500, while it was recorded at 2.0000 for the last single week of trading, and 22.5600 for the last 200 days.

Insight into Zeta Network Group Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Zeta Network Group [ZNB] shares currently have an operating margin of -676.96% and a Gross Margin at -242.90%. Zeta Network Group’s Net Margin is presently recorded at -1613.50%.

Zeta Network Group (ZNB) Capital Structure & Debt Analysis

According to recent financial data for Zeta Network Group. ( ZNB), the Return on Equity (ROE) stands at -202.34%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -125.46%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Zeta Network Group’s Return on Invested Capital (ROIC) is -487.02%, showcasing its effectiveness in deploying capital for earnings.

Zeta Network Group (ZNB) Efficiency & Liquidity Metrics

Based on Zeta Network Group’s (ZNB) latest financial statements, the Debt-to-Equity Ratio is 0.39%, indicating its reliance on debt financing relative to shareholder equity.

Zeta Network Group (ZNB) Efficiency & Liquidity Metrics

Zeta Network Group [ZNB] Institutonal Ownership Details

There are presently around $12.59%, or -111.43%% of ZNB stock, in the hands of institutional investors.

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