Research analysts at Maxim Group assumed coverage on shares of ZenaTech (NASDAQ:ZENA - Get Free Report) in a report issued on Monday, MarketBeat Ratings reports. The firm set a "buy" rating and a $9.00 price target on the stock. Maxim Group's target price indicates a potential upside of 108.33% from the company's previous close.
Separately, Wall Street Zen upgraded shares of ZenaTech from a "sell" rating to a "hold" rating in a research report on Friday, May 30th.
Read Our Latest Stock Report on ZENA
ZenaTech Price Performance
Shares of NASDAQ:ZENA traded down $0.40 during trading on Monday, reaching $4.32. 1,695,356 shares of the company's stock traded hands, compared to its average volume of 3,954,693. ZenaTech has a 12 month low of $1.41 and a 12 month high of $12.43. The company has a 50 day moving average of $2.82 and a 200-day moving average of $4.27.
Institutional Trading of ZenaTech
A number of institutional investors have recently made changes to their positions in ZENA. Schonfeld Strategic Advisors LLC acquired a new stake in shares of ZenaTech in the 4th quarter worth approximately $119,000. Jane Street Group LLC acquired a new stake in shares of ZenaTech in the 4th quarter worth approximately $109,000. Millennium Management LLC acquired a new stake in shares of ZenaTech in the 4th quarter worth approximately $88,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of ZenaTech in the 4th quarter worth approximately $90,000.
ZenaTech Company Profile
(
Get Free Report)
ZenaTech, Inc, an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.
Featured Stories
Before you consider ZenaTech, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ZenaTech wasn't on the list.
While ZenaTech currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
