Zapata Computing Holdings Inc. (ZPTA): Investing In A Time Of Crisis

Zapata Computing Holdings Inc. (NASDAQ:ZPTA) currently has a daily average trading volume of 1.54M but it saw 1490447 shares traded in last market. With a market cap of 9.29M USD, the company’s current market price of $0.23 came falling about -8.36 while comparing to the previous closing price of $0.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.50 and as low as $0.22. In the recent trading on the day, stock has struck highest price mark of $0.2212 while lowest mark touched by it was $0.2531.

Taking a look at 20-day trading activity of Zapata Computing Holdings Inc. (ZPTA) gives us an average price of $0.3673, while its current price level is -98.76% below from 52-week high level whereas it is 4.14% 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 $0.4529 while that of 200 days or SMA-200 reads an average of $4.2847. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.46% during that period while stretching the period over a month that decreases to 10.85%. 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 23.92 which implies that the stock is in oversold territory.

Over the week, ZPTA’s stock price is moving -29.72% down while it is -51.36% when we observe its performance for the past one month. Year-to-date it is -97.89% down and over the past year, the stock is showing a downside performance of -97.87%.

Currently, Zapata Computing Holdings Inc.’s total number of outstanding shares is 40.54M. Company’s return on equity (ROE) at -39.08%. Stock’s beta reads 0.27. Stock has a price to sale or P/S ratio amounts to 2.88. Its return on asset (ROA) is -31.62% on average.