ZenaTech, Inc. (NASDAQ:ZENA - Get Free Report)'s share price dropped 2% during mid-day trading on Monday . The stock traded as low as $4.84 and last traded at $4.88. Approximately 738,461 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 656,107 shares. The stock had previously closed at $4.98.
Analyst Ratings Changes
ZENA has been the topic of several research analyst reports. Maxim Group initiated coverage on shares of ZenaTech in a research note on Monday, June 16th. They issued a "buy" rating and a $9.00 price objective on the stock. Wall Street Zen cut ZenaTech from a "hold" rating to a "sell" rating in a report on Friday, August 22nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, ZenaTech has a consensus rating of "Buy" and a consensus price target of $9.00.
Read Our Latest Research Report on ZenaTech
ZenaTech Stock Down 1.1%
The stock has a 50-day moving average of $5.14 and a 200 day moving average of $3.73.
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 company had revenue of $1.62 million during the quarter.
Hedge Funds Weigh In On ZenaTech
Several institutional investors have recently modified their holdings of ZENA. Millennium Management LLC acquired a new position in shares of ZenaTech in the 4th quarter valued at approximately $88,000. Jane Street Group LLC acquired a new position in shares of ZenaTech in the 4th quarter valued at approximately $109,000. XTX Topco Ltd acquired a new position in shares of ZenaTech in the 2nd quarter valued at approximately $53,000. Geode Capital Management LLC acquired a new position in shares of ZenaTech in the 2nd quarter valued at approximately $64,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of ZenaTech in the 2nd quarter valued at approximately $69,000.
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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