Are Analysts Too Bullish On ParaZero Technologies Ltd (PRZO)

ParaZero Technologies Ltd (NASDAQ:PRZO) currently has a daily average trading volume of 1.56M but it saw 248484 shares traded in last market. With a market cap of 10.34M USD, the company’s current market price of $0.62 came rising about 6.71 while comparing to the previous closing price of $0.58. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.16 and as low as $0.49. In the recent trading on the day, stock has struck highest price mark of $0.581 while lowest mark touched by it was $0.635.

Taking a look at 20-day trading activity of ParaZero Technologies Ltd (PRZO) gives us an average price of $0.6869, while its current price level is -80.38% below from 52-week high level whereas it is 26.53% 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 $0.8928 while that of 200 days or SMA-200 reads an average of $0.9603. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.66% during that period while stretching the period over a month that increases to 10.22%. 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 38.79 which implies that the stock is in neutral territory.

Over the week, PRZO’s stock price is moving 8.77% up while it is -34.52% when we observe its performance for the past one month. Year-to-date it is -69.46% down and over the past year, the stock is showing a downside performance of -27.84%.

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

Currently, ParaZero Technologies Ltd’s total number of outstanding shares is 16.68M. Company’s return on equity (ROE) at -370.62%. Stock’s beta reads -0.01. Stock has a price to sale or P/S ratio amounts to 41.36. Its return on asset (ROA) is -152.43% on average.