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.
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