With 1.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.53 million shares. The 52-week range on ZVIA shows that it touched its highest point at $4.99 and its lowest point at $0.62 during that stretch. It currently has a 1-year price target of $4.12. Beta for the stock currently stands at 0.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZVIA was up-trending over the past week, with a rise of 22.48%, but this was up by 16.59% over a month. Three-month performance dropped to -21.24% while six-month performance rose 144.95%. The stock gained 156.73% in the past year, while it has lost -36.28% so far this year. A look at the trailing 12-month EPS for ZVIA yields -0.32 with Next year EPS estimates of -0.09. For the next quarter, that number is -0.04. This implies an EPS growth rate of 51.96% for this year and 44.90% for next year. EPS is expected to grow by 49.04% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -32.77%.
Float and Shares Shorts:
At present, 66.06 million ZVIA shares are outstanding with a float of 46.11 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZVIA since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.3 being high and -$0.34 being low. For ZVIA, this leads to a yearly average estimate of -$0.32.
