Investors Getting Picky When It Comes To Buying ZenaTech Inc (ZENA)

ZenaTech Inc (NASDAQ:ZENA) does about 7.41M shares in volume on a normal day but saw 1257264 shares change hands in the recent trading day. The company now has a market cap of 105.86M USD. Its current market price is $6.22, marking an increase of 2.13% compared to the previous close of $6.09. The 52 week high reached by this stock is $12.43 whilst the lowest price level in 52 weeks is $1.41.

ZenaTech Inc (ZENA) has a 20-day trading average at $4.25 and the current price is -49.96% off the 52-week high compared with 341.13% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 17.40%, which increases to 31.66% 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 56.00 to suggest the stock is neutral.

The current price level is 46.42%, 86.19%, and 86.19% away from its SMA20, SMA50, and SMA200 respectively, with the ZENA price moving below the 50-day SMA on current market day. ZenaTech Inc (ZENA) stock is down -29.72% over the week and 217.35% over the past month. Its price is -29.32% year-to-date.

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

Outstanding shares total 17.02M with insiders holding 88.87% of the shares and institutional holders owning 0.96% of the company’s common stock. The company has a return on investment of -3.82% and return on equity of -8.61%. Price to book ratio is 12.84 and price to sales ratio is 72.02.