Look Past The Setbacks And Give Zeo Energy Corp (NASDAQ: ZEO) Another Chance

Zeo Energy Corp (NASDAQ:ZEO) currently has a daily average trading volume of 940.14K but it saw 75583 shares traded in last market. With a market cap of 100.83M USD, the company’s current market price of $2.35 remained unchanged while comparing to the previous closing price of $2.35. 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 $2.212 while lowest mark touched by it was $2.51.

Taking a look at 20-day trading activity of Zeo Energy Corp (ZEO) gives us an average price of $2.54, while its current price level is -79.74% below from 52-week high level whereas it is 123.55% 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 $1.83 while that of 200 days or SMA-200 reads an average of $3.08. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.46% during that period while stretching the period over a month that increases to 26.01%. 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 49.91 which implies that the stock is in neutral territory.

Over the week, ZEO’s stock price is moving -31.49% down while it is 74.07% when we observe its performance for the past one month. Year-to-date it is -31.49% down and over the past year, the stock is showing a downside performance of -79.26%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

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 -0.79. Stock has a price to sale or P/S ratio amounts to 2.92. Its return on asset (ROA) is -3.02% on average.