Zeta Global Holdings Corp (NYSE:ZETA) shares traded 5.48% higher at $17.32 on Wall Street last session.
ZETA stock price is now 13.72% away from the 50-day moving average and 61.47% away from the 200-day moving average. The market capitalization of the company currently stands at $3.79B.
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With the price target of $20, RBC Capital Mkts recently initiated with Outperform rating for Zeta Global Holdings Corp (NYSE: ZETA). On May 21, 2024, ROTH MKM reiterated its ‘Buy’ rating on the stock by increasing its target price from $21 to quote $33, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
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 $2.88 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 $3.9 million. A total of 26.35% 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 $15.3432 and a two-hundred day moving average price translates $10.7724 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.
