Zeta Network Group (NASDAQ:ZNB) Posts Quarterly Earnings Results

Zeta Network Group (NASDAQ:ZNB) posted its quarterly earnings data on Thursday. The company reported ($85.16) EPS for the quarter, FiscalAI reports. The firm had revenue of $8.45 million during the quarter.

Zeta Network Group Price Performance

NASDAQ ZNB opened at $0.65 on Friday. The stock’s 50 day moving average is $1.56 and its 200 day moving average is $29.34. Zeta Network Group has a 12 month low of $0.60 and a 12 month high of $2,625.00.

Institutional Investors Weigh In On Zeta Network Group

An institutional investor recently bought a new position in Zeta Network Group stock. Anson Funds Management LP bought a new position in Zeta Network Group (NASDAQ:ZNB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned approximately 0.39% of Zeta Network Group as of its most recent filing with the Securities & Exchange Commission. 3.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ZNB has been the topic of several recent analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of Zeta Network Group in a research report on Friday, April 24th. Wall Street Zen downgraded shares of Zeta Network Group from a “hold” rating to a “sell” rating in a report on Sunday, March 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Zeta Network Group currently has an average rating of “Sell”.

About Zeta Network Group

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services.