Shares of Zapata Quantum (OTCMKTS:ZPTA - Get Free Report) traded down 1.5% on Tuesday. The stock traded as low as $0.6991 and last traded at $0.7488. Approximately 16,853 shares were traded during trading, a decline of 93% from the average daily volume of 236,285 shares. The stock had previously closed at $0.76.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on ZPTA shares. Craig Hallum upgraded Zapata Quantum to a "strong-buy" rating in a research report on Tuesday, August 18th. Zacks Research raised Zapata Quantum to a "hold" rating in a research report on Monday, October 5th. Finally, Chardan Capital began coverage on shares of Zapata Quantum in a research report on Tuesday, October 13th. They set a "buy" rating and a $1.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $1.00.
Read Our Latest Research Report on ZPTA
Zapata Quantum Stock Down 1.5%
The firm has a market cap of $140.27 million, a P/E ratio of -37.44 and a beta of 21.20. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.26 and a current ratio of 2.26. The firm's fifty day moving average is $0.72 and its 200 day moving average is $0.85.
Zapata Quantum (OTCMKTS:ZPTA - Get Free Report) last released its quarterly earnings results on Friday, August 14th. The quantum software company reported ($0.01) earnings per share for the quarter. As a group, equities research analysts anticipate that Zapata Quantum will post -0.04 earnings per share for the current fiscal year.
About Zapata Quantum
(
Get Free Report)
Zapata Computing Holdings Inc operates as an industrial generative artificial intelligence (AI) software company in the United States. The company offers subscription-based solutions that combine software and services to develop generative AI applications, as well as accompanying services to solve complex industrial problems. It also provides Zapata AI Sense, a suite of algorithms and complex mathematical models to enhance analytics and other data-driven applications; Zapata AI Prose, a set of generative AI solutions based on large language models for generic chatbot applications; and Orquestra, an industrial generative AI application development platform, which provides sense and prose.
Further Reading
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