Shares of zSpace, Inc. (NASDAQ:ZSPC - Get Free Report) shot up 8% during trading on Thursday . The company traded as high as $9.91 and last traded at $9.91. 20,057 shares were traded during mid-day trading, a decline of 74% from the average session volume of 77,662 shares. The stock had previously closed at $9.18.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the stock. Barrington Research reissued an "outperform" rating and issued a $11.00 target price (down from $18.00) on shares of zSpace in a research note on Monday, March 31st. Northland Securities upgraded zSpace from a "market perform" rating to an "outperform" rating and reduced their price objective for the stock from $20.00 to $10.00 in a research report on Monday, March 31st. Roth Mkm assumed coverage on zSpace in a report on Monday, February 3rd. They issued a "buy" rating and a $20.00 target price for the company. Northland Capmk upgraded zSpace from a "hold" rating to a "strong-buy" rating in a report on Monday, March 31st. Finally, Roth Capital set a $20.00 price objective on shares of zSpace in a report on Monday, February 3rd. Three investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, zSpace has an average rating of "Buy" and a consensus target price of $15.25.
Check Out Our Latest Stock Analysis on ZSPC
zSpace Stock Down 4.5 %
The firm has a fifty day simple moving average of $9.89.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in zSpace stock. Jane Street Group LLC acquired a new position in shares of zSpace, Inc. (NASDAQ:ZSPC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 22,621 shares of the company's stock, valued at approximately $359,000. Jane Street Group LLC owned 0.10% of zSpace as of its most recent filing with the SEC.
About zSpace
(
Get Free Report)
zSpace Technologies, Inc is a provider of commercial augmented reality and virtual reality technology principally in the education market. The Company offers differentiated hardware along with learning software modules for K-12 science, technology, engineering, game design and mathematics applications, as well as workforce-oriented career and technical education applications.
See Also
Before you consider zSpace, 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 zSpace wasn't on the list.
While zSpace currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
