Shares of ZenaTech, Inc. (NASDAQ:ZENA - Get Free Report) rose 3.2% during mid-day trading on Wednesday . The stock traded as high as $3.98 and last traded at $3.89. Approximately 888,229 shares changed hands during trading, a decline of 76% from the average daily volume of 3,744,195 shares. The stock had previously closed at $3.77.
Analysts Set New Price Targets
ZENA has been the subject of a number of recent analyst reports. Maxim Group initiated coverage on shares of ZenaTech in a report on Monday, June 16th. They issued a "buy" rating and a $9.00 price objective for the company. Wall Street Zen raised shares of ZenaTech from a "sell" rating to a "hold" rating in a report on Friday, May 30th.
Read Our Latest Research Report on ZenaTech
ZenaTech Price Performance
The stock's 50-day moving average is $3.36 and its two-hundred day moving average is $3.84.
Hedge Funds Weigh In On ZenaTech
A number of institutional investors have recently modified their holdings of the stock. Millennium Management LLC bought a new position in shares of ZenaTech during the fourth quarter valued at approximately $88,000. OMERS ADMINISTRATION Corp acquired a new stake in ZenaTech in the fourth quarter valued at approximately $90,000. Jane Street Group LLC acquired a new stake in shares of ZenaTech during the fourth quarter worth $109,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of ZenaTech during the fourth quarter worth $119,000.
About ZenaTech
(
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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