Estimating Price Trends For ParaZero Technologies Ltd (NASDAQ: PRZO)

ParaZero Technologies Ltd (NASDAQ:PRZO) does about 5.53M shares in volume on a normal day but saw 5514769 shares change hands in the recent trading day. The company now has a market cap of 23.88M USD. Its current market price is $1.85, marking an increase of 15.62% compared to the previous close of $1.60. The 52 week high reached by this stock is $2.27 whilst the lowest price level in 52 weeks is $0.49.

ParaZero Technologies Ltd (PRZO) has a 20-day trading average at $0.8824 and the current price is -18.50% off the 52-week high compared with 277.55% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.7427 and its 200-day simple moving average is $0.6828. If we look at the stock’s price movements over the week, volatility stands at 30.54%, which decreases to 18.42% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.27 to suggest the stock is overbought.

The current price level is 109.65%, 149.13%, and 170.96% away from its SMA20, SMA50, and SMA200 respectively, with the PRZO price moving below the 50-day SMA on current market day. ParaZero Technologies Ltd (PRZO) stock is up 49.19% over the week and 208.33% over the past month. Its price is 160.27% year-to-date and 160.56% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 11.16M with insiders holding 19.28% of the shares and institutional holders owning 0.76% of the company’s common stock. The company has a return on investment of -122.64% and return on equity of -512.37%. The beta has a value of -0.99. Price to book ratio is 18.95 and price to sales ratio is 159.18.