Zapp Electric Vehicles Group Ltd (ZAPP)’s stock has witnessed a price declined of -19.97% from the previous close with its current price standing at $0.32. Its current price is -97.07% under its 52-week high of $10.91 and 65.09% more than its 52-week low of $0.19. Based on the past 30-day period, the stock price is -36.98% below the high and +65.76% above the low.
ZAPP’s price to book ratio for the most recent quarter was 0.04, resulting in an 443.90 price to cash per share for the period.
How does Zapp Electric Vehicles Group Ltd (ZAPP) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) Ownership Details
I will give a breakdown of the key shareholders in Zapp Electric Vehicles Group Ltd (ZAPP). Recent figures show that the company’s insiders hold 8.85% of shares. A total of 74 institutional investors hold shares in the company, making 54.59% of its stock and 59.89% of its float.
Sep 29, 2023, it was reported that the Company’s largest institutional holder is Atalaya Capital Management, LP holding total of 3.74 million shares that make 6.75% of the company’s total number of shares and are currently priced at 1.05 million.
The securities firm Geode Capital Management, LLC holds 22298.0 shares of ZAPP, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.04%, and the holding percentage of shares is valued at 6243.0.
An overview of Zapp Electric Vehicles Group Ltd’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Zapp Electric Vehicles Group Ltd (ZAPP) traded 1,110,961 shares per day, with a moving average of $0.2489 and price change of +0.0146. With the moving average of $0.5501 and a price change of -1.0786, about 1,028,940 shares changed hands on average over the past 50 days. Finally, ZAPP’s 100-day average volume is 540,196 shares, alongside a moving average of $1.1142 and a price change of -2.0286.