Why Zeta Global Holdings Corp (ZETA) Should Be On Your Radar Moving Forward

The stock of Zeta Global Holdings Corp (NYSE:ZETA) last traded at $19.58, up 11.38% from the previous session.

ZETA stock price is now -31.16% away from the 50-day moving average and 2.44% away from the 200-day moving average. The market capitalization of the company currently stands at $4.71B.

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On October 22, 2024, KeyBanc Capital Markets recently initiated its ‘Overweight’ rating on the stock quoting a target price of $40, while ‘Barclays’ rates the stock as ‘Equal Weight’

In other news, Elzie Jene, Director bought 1,260 shares of the company’s stock on Nov 18 ’24. The stock was bought for $24,863 at an average price of $19.73. Upon completion of the transaction, the Director now directly owns 64,768 shares in the company, valued at $1.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 18 ’24, Director LANDMAN WILLIAM bought 8,010 shares of the business’s stock. A total of $148,586 was incurred on buying the stock at an average price of $18.55. This leaves the insider owning 256,940 shares of the company worth $5.03 million. A total of 17.86% 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 $38.20. As of last week, the company has a debt-to-equity ratio of 0.41, a current ratio of 3.32, and a quick ratio of 3.32. The fifty day moving average price for ZETA is $28.5654 and a two-hundred day moving average price translates $19.0643 for the stock.

The latest earnings results from Zeta Global Holdings Corp (NYSE: ZETA) was released for 2024-09-30. The net profit margin was -13.34% and return on equity was -38.51% for ZETA. The company reported revenue of $268.3 million for the quarter, compared to $188.98 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 41.97 percent.

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