In yesterday’s Wall Street session, Zeta Global Holdings Corp (NYSE:ZETA) shares traded at $19.34, down -4.92% from the previous session.
ZETA stock price is now -24.77% away from the 50-day moving average and -5.17% away from the 200-day moving average. The market capitalization of the company currently stands at $4.59B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $30, Goldman recently initiated with Neutral rating for Zeta Global Holdings Corp (NYSE: ZETA). , while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Southbeach Trust R6, Stockholder bought 13,613 shares of the company’s stock on Dec 13 ’24. The stock was bought for $303,842 at an average price of $22.32. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, Stockholder Family Trust No. C5 DTD 5/27/2 bought 290,290 shares of the business’s stock. A total of $6,479,273 was incurred on buying the stock at an average price of $22.32. A total of 22.02% of the company’s stock is owned by insiders.
During the past 12 months, Zeta Global Holdings Corp has had a low of $7.84 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 $25.9576 and a two-hundred day moving average price translates $20.34775 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. For the current quarter, analysts expect ZETA to generate $294.93M in revenue.
