Stocks of Zeta Global Holdings Corp (NYSE:ZETA) traded higher last session on Wall Street, up 7.44% to $34.24.
ZETA stock price is now 19.74% away from the 50-day moving average and 84.14% away from the 200-day moving average. The market capitalization of the company currently stands at $7.88B.
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With the price target of $40, KeyBanc Capital Markets recently initiated with Overweight rating for Zeta Global Holdings Corp (NYSE: ZETA). On October 18, 2024, Barclays Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $28, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Family Trust No. S4, Stockholder bought 294,142 shares of the company’s stock on Oct 14 ’24. The stock was bought for $9,456,665 at an average price of $32.15. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 11 ’24, Stockholder Southbeach Trust R6 bought 46,837 shares of the business’s stock. A total of $1,483,327 was incurred on buying the stock at an average price of $31.67. A total of 19.06% of the company’s stock is owned by insiders.
During the past 12 months, Zeta Global Holdings Corp has had a low of $7.65 and a high of $34.14. As of last week, the company has a debt-to-equity ratio of 0.85, a current ratio of 1.98, and a quick ratio of 1.98. The fifty day moving average price for ZETA is $28.4136 and a two-hundred day moving average price translates $18.4729 for the stock.
The latest earnings results from Zeta Global Holdings Corp (NYSE: ZETA) was released for 2024-06-30. The net profit margin was -17.76% and return on equity was -82.39% for ZETA. The company reported revenue of $227.84 million for the quarter, compared to $171.82 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.61 percent.
