21.56% percent quarterly performance for Zeta Global Holdings Corp (ZETA) is not indicative of the underlying story

On Tuesday, Zeta Global Holdings Corp (NYSE: ZETA) opened higher 2.19% from the last session, before settling in for the closing price of $11.86. Price fluctuations for ZETA have ranged from $7.24 to $12.45 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 24.26%. Company’s average yearly earnings per share was noted 80.95% at the time writing. With a float of $157.99 million, this company’s outstanding shares have now reached $188.63 million.

Considering the fact that the conglomerate employs 1783 people, you should pay attention to its efficiency factor.

Zeta Global Holdings Corp (ZETA) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Zeta Global Holdings Corp is 27.67%, while institutional ownership is 51.55%. The most recent insider transaction that took place on Dec 15 ’23, was worth 48,874. In this transaction Senior Vice President, Finance of this company sold 5,723 shares at a rate of $8.54, taking the stock ownership to the 166,311 shares. Before that another transaction happened on Oct 17 ’23, when Company’s Senior Vice President, Finance sold 5,000 for $9.00, making the entire transaction worth $45,005. This insider now owns 225,141 shares in total.

Zeta Global Holdings Corp (ZETA) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 80.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.00% during the next five years compared to -42.41% drop over the previous five years of trading.

Zeta Global Holdings Corp (NYSE: ZETA) Trading Performance Indicators

Check out the current performance indicators for Zeta Global Holdings Corp (ZETA). In the past quarter, the stock posted a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.63. Likewise, its price to free cash flow for the trailing twelve months is 37.80.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.20, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach 0.28 in one year’s time.

Technical Analysis of Zeta Global Holdings Corp (ZETA)

Compared to the last year’s volume of 1.44 million, its volume of 1.58 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 68.22%. Additionally, its Average True Range was 0.40.

During the past 100 days, Zeta Global Holdings Corp’s (ZETA) raw stochastic average was set at 93.13%, which indicates a significant increase from 72.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.12% in the past 14 days, which was higher than the 42.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.88, while its 200-day Moving Average is $9.11. Nevertheless, the first resistance level for the watch stands at $12.26 in the near term. At $12.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.62. If the price goes on to break the first support level at $11.90, it is likely to go to the next support level at $11.69. Should the price break the second support level, the third support level stands at $11.54.

Zeta Global Holdings Corp (NYSE: ZETA) Key Stats

There are currently 218,417K shares outstanding in the company with a market cap of 2.65 billion. Presently, the company’s annual sales total 728,720 K according to its annual income of -187,480 K. Last quarter, the company’s sales amounted to 210,320 K and its income totaled -35,280 K.