ZenaTech (NASDAQ:ZENA) Posts Earnings Results

ZenaTech (NASDAQ:ZENA) announced its quarterly earnings results on Tuesday. The company reported ($0.25) EPS for the quarter, Zacks reports. The firm had revenue of $3.16 million during the quarter.

ZenaTech Stock Up 5.7%

Shares of NASDAQ:ZENA opened at $4.08 on Thursday. The business has a 50-day moving average price of $5.04 and a 200-day moving average price of $4.39. The stock has a market cap of $91.80 million and a price-to-earnings ratio of -29.14. ZenaTech has a 52-week low of $1.41 and a 52-week high of $12.43.

Analyst Upgrades and Downgrades

ZENA has been the topic of several recent research reports. Wall Street Zen cut shares of ZenaTech from a “hold” rating to a “sell” rating in a report on Friday, August 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ZenaTech in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $9.00.

Institutional Trading of ZenaTech

An institutional investor recently bought a new position in ZenaTech stock. XTX Topco Ltd bought a new position in shares of ZenaTech, Inc. (NASDAQ:ZENA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,427 shares of the company’s stock, valued at approximately $53,000. XTX Topco Ltd owned 0.06% of ZenaTech as of its most recent SEC filing.

ZenaTech Company Profile

ZenaTech, Inc, an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.