Ideas And Forecasts On Zapata Computing Holdings Inc. (NASDAQ: ZPTA)

Zapata Computing Holdings Inc. (NASDAQ:ZPTA) currently has a daily average trading volume of 10.86M but it saw 48212528 shares traded in last market. With a market cap of 4.56M USD, the company’s current market price of $0.11 came falling about -8.47 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.50 and as low as $0.06. In the recent trading on the day, stock has struck highest price mark of $0.0844 while lowest mark touched by it was $0.113.

Taking a look at 20-day trading activity of Zapata Computing Holdings Inc. (ZPTA) gives us an average price of $0.2647, while its current price level is -99.39% below from 52-week high level whereas it is 81.00% 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 $0.3944 while that of 200 days or SMA-200 reads an average of $3.8051. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.70% during that period while stretching the period over a month that decreases to 18.73%. 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 27.71 which implies that the stock is in oversold territory.

Over the week, ZPTA’s stock price is moving -52.07% down while it is -70.76% when we observe its performance for the past one month. Year-to-date it is -98.97% down and over the past year, the stock is showing a downside performance of -98.95%.

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 1.42. Its return on asset (ROA) is -31.62% on average.