ZenaTech (NASDAQ:ZENA - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a note issued to investors on Friday.
Separately, Maxim Group initiated coverage on ZenaTech in a research report on Monday, June 16th. They issued a "buy" rating and a $9.00 price objective for the company. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $9.00.
Get Our Latest Research Report on ZenaTech
ZenaTech Price Performance
Shares of NASDAQ:ZENA traded up $0.25 during midday trading on Friday, reaching $5.13. The company's stock had a trading volume of 1,135,890 shares, compared to its average volume of 1,892,508. ZenaTech has a 1 year low of $1.41 and a 1 year high of $12.43. The business has a 50 day moving average price of $4.77 and a 200 day moving average price of $3.68.
ZenaTech (NASDAQ:ZENA - Get Free Report) last announced its quarterly earnings data on Tuesday, August 12th. The company reported ($0.14) EPS for the quarter. The firm had revenue of $1.62 million during the quarter.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new position in ZenaTech in the second quarter valued at $53,000. Geode Capital Management LLC acquired a new position in ZenaTech in the second quarter valued at $64,000. Janney Montgomery Scott LLC acquired a new position in ZenaTech in the second quarter valued at $69,000. Millennium Management LLC acquired a new position in ZenaTech in the fourth quarter valued at $88,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in ZenaTech in the fourth quarter valued at $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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