Zeo Energy Corp (NASDAQ: ZEO): Retirees Don’t Worry About Volatility

Zeo Energy Corp (NASDAQ:ZEO) currently has a daily average trading volume of 1.01M but it saw 1294142 shares traded in last market. With a market cap of 57.93M USD, the company’s current market price of $1.35 came falling about -16.56 while comparing to the previous closing price of $1.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.60 and as low as $1.05. In the recent trading on the day, stock has struck highest price mark of $1.35 while lowest mark touched by it was $2.4699.

Taking a look at 20-day trading activity of Zeo Energy Corp (ZEO) gives us an average price of $1.2972, while its current price level is -88.36% below from 52-week high level whereas it is 28.42% 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 $1.4332 while that of 200 days or SMA-200 reads an average of $3.6860. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.00% during that period while stretching the period over a month that decreases to 12.34%. 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 48.78 which implies that the stock is in neutral territory.

Over the week, ZEO’s stock price is moving 6.30% up while it is 1.50% when we observe its performance for the past one month. Year-to-date it is -88.01% down and over the past year, the stock is showing a downside performance of -87.88%.

Currently, Zeo Energy Corp’s total number of outstanding shares is 5.03M. Company’s return on equity (ROE) at -2.14%. Stock’s beta reads -0.18. Stock has a price to sale or P/S ratio amounts to 1.68. Its return on asset (ROA) is -3.02% on average.