Free Trial

ZenaTech (NASDAQ:ZENA) Trading Up 3.2% - Here's Why

ZenaTech logo with Business Services background

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.

Further Reading

Should You Invest $1,000 in ZenaTech Right Now?

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

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines