Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) Emerges As Guiding Light For Investors

Zapp Electric Vehicles Group Ltd (NASDAQ:ZAPP) currently has a daily average trading volume of 8.00M but it saw 961324 shares traded in last market. With a market cap of 31.10M USD, the company’s current market price of $9.94 came rising about 4.47 while comparing to the previous closing price of $9.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.80 and as low as $0.70.

Taking a look at 20-day trading activity of Zapp Electric Vehicles Group Ltd (ZAPP) gives us an average price of $10.43, while its current price level is -75.04% below from 52-week high level whereas it is 1319.29% 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 $5.03 while that of 200 days or SMA-200 reads an average of $4.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.62% during that period while stretching the period over a month that increases to 34.41%. 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 54.50 which implies that the stock is in neutral territory.

Over the week, ZAPP’s stock price is moving -4.75% down while it is 422.89% when we observe its performance for the past one month. Year-to-date it is 87.88% up and over the past year, the stock is showing a downside performance of -67.74%.

Currently, Zapp Electric Vehicles Group Ltd’s total number of outstanding shares is 2.89M. Stock’s beta reads 0.45.