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.
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