Zeta Global Holdings Corp (ZETA): Investing In A Time Of Crisis

Zeta Global Holdings Corp (NYSE:ZETA) currently has a daily average trading volume of 2.87M but it saw 10943761 shares traded in last market. With a market cap of 5.20B USD, the company’s current market price of $23.99 came rising about 12.00 while comparing to the previous closing price of $21.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.84 and as low as $7.24.

Taking a look at 20-day trading activity of Zeta Global Holdings Corp (ZETA) gives us an average price of $19.73, while its current price level is 9.84% below from 52-week high level whereas it is 231.35% 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 $17.92 while that of 200 days or SMA-200 reads an average of $12.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.88% during that period while stretching the period over a month that decreases to 4.93%. 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 75.65 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which downgraded the stock as “Equal-Weight” in its note to investors issued on Aug-02-24, recommending a price target of between $18 and $30 for it. RBC Capital Mkts issued its recommendations for the stock as it initiated the price target for the stock is $20.

Over the week, ZETA’s stock price is moving 18.24% up while it is 37.56% when we observe its performance for the past one month. Year-to-date it is 172.00% up and over the past year, the stock is showing an upside performance of 168.04%.

Currently, Zeta Global Holdings Corp’s total number of outstanding shares is 188.63M. Company’s return on investment (ROI) stands at -45.26% and return on equity (ROE) at -105.80%. It has a 126.93 of forward P/E ratio. Stock’s beta reads 1.24. Stock has a price to book (P/B) ratio of 27.38 while price to sale or P/S ratio amounts to 6.79. Its return on asset (ROA) is -33.35% on average.