Zapata Computing Holdings Inc. (NASDAQ: ZPTA) Recovers 6.59% From 52-Week Low, Is ZPTA Still A High-Risk, High-Reward Play?

Zapata Computing Holdings Inc. (NASDAQ:ZPTA) currently has a daily average trading volume of 990.40K but it saw 670515 shares traded in last market. With a market cap of 17.27M USD, the company’s current market price of $0.54 came falling about -3.57 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.50 and as low as $0.51.

Taking a look at 20-day trading activity of Zapata Computing Holdings Inc. (ZPTA) gives us an average price of $0.5919, while its current price level is -97.08% below from 52-week high level whereas it is 6.59% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7135 while that of 200 days or SMA-200 reads an average of $6.8198. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.77% during that period while stretching the period over a month that increases to 9.46%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.73 which implies that the stock is in neutral territory.

Over the week, ZPTA’s stock price is moving -8.47% down while it is -16.47% when we observe its performance for the past one month. Year-to-date it is -95.03% down and over the past year, the stock is showing a downside performance of -94.91%.

Currently, Zapata Computing Holdings Inc.’s total number of outstanding shares is 31.98M. Company’s return on equity (ROE) at -22.17%. Stock’s beta reads 0.35. Stock has a price to sale or P/S ratio amounts to 14.16. Its return on asset (ROA) is -18.58% on average.