Zedge authorizes new buyback program of 5M class B stock

ZDGE Stock  USD 2.63  0.08  2.95%   
About 62% of Zedge's investor base is looking to short. The analysis of overall sentiment of trading Zedge Inc stock suggests that many investors are alarmed at this time. The current market sentiment, together with Zedge's historical and current headlines, can help investors time the market. In addition, many technical investors use Zedge Inc stock news signals to limit their universe of possible portfolio assets.
  
Zedge announces new 5 million share repurchase program after completing 3 million buyback, buying back 1.2 million shares in total.

Read at seekingalpha.com
seekingalpha News
  

Zedge Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Zedge can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Zedge Fundamental Analysis

We analyze Zedge's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zedge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zedge based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Liabilities

Current Liabilities Comparative Analysis

Zedge is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Zedge Inc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Zedge stock to make a market-neutral strategy. Peer analysis of Zedge could also be used in its relative valuation, which is a method of valuing Zedge by comparing valuation metrics with similar companies.

Peers

Zedge Related Equities

DGLYDigital Ally   17.65   
0%
100.0%
KRKR36Kr Holdings   12.33   
0%
69.0%
ASSTAsset Entities   7.55   
0%
42.0%
THRYThryv Holdings   2.54   
0%
14.0%
OBOutbrain   1.99   
0%
11.0%
IZEAIZEA   1.92   
0%
10.0%
MAXMediaAlpha   1.58   
0%
8.0%
ONFOOnfolio Holdings   1.55   
0%
8.0%
ZHZhihu   0.85   
0%
4.0%
TRUETrueCar   0.29   
1.0%
0%
SCORComscore   0.45   
2.0%
0%
JFINJiayin   0.46   
2.0%
0%
ATDRYAuto Trader   1.22   
6.0%
0%
CMCMCheetah Mobile   1.52   
8.0%
0%

Complementary Tools for Zedge Stock analysis

When running Zedge's price analysis, check to measure Zedge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zedge is operating at the current time. Most of Zedge's value examination focuses on studying past and present price action to predict the probability of Zedge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedge's price. Additionally, you may evaluate how the addition of Zedge to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Content Syndication
Quickly integrate customizable finance content to your own investment portal
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.