The price of Zeta Global Holdings Corp (NYSE:ZETA) shares last traded on Wall Street fell -5.46% to $17.15.
ZETA stock price is now 33.59% away from the 50-day moving average and 75.93% away from the 200-day moving average. The market capitalization of the company currently stands at $3.75B.
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With the price target enhanced from $21 to $33, ROTH MKM maintained Buy rating for Zeta Global Holdings Corp (NYSE: ZETA). On April 04, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $12 to quote $17, while ‘DA Davidson’ rates the stock as ‘Buy’
In other news, Ravella Satish, Senior Vice President, Finance sold 5,723 shares of the company’s stock on Dec 15 ’23. The stock was sold for $48,874 at an average price of $8.54. Upon completion of the transaction, the Senior Vice President, Finance now directly owns 166,311 shares in the company, valued at $2.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 17 ’23, Senior Vice President, Finance Ravella Satish sold 5,000 shares of the business’s stock. A total of $45,005 was realized by selling the stock at an average price of $9.00. This leaves the insider owning 225,141 shares of the company worth $3.86 million. A total of 27.09% of the company’s stock is owned by insiders.
During the past 12 months, Zeta Global Holdings Corp has had a low of $7.24 and a high of $18.58. As of last week, the company has a debt-to-equity ratio of 0.96, a current ratio of 1.89, and a quick ratio of 1.89. The fifty day moving average price for ZETA is $12.9734 and a two-hundred day moving average price translates $9.7924 for the stock.
The latest earnings results from Zeta Global Holdings Corp (NYSE: ZETA) was released for 2024-03-31. The net profit margin was -22.20% and return on equity was -105.80% for ZETA. The company reported revenue of $194.95 million for the quarter, compared to $157.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.7 percent.
