Zenatech Stock Today

ZENA Stock   8.85  1.01  12.88%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 68

 
High
 
Low
Quite High
ZenaTech is trading at 8.85 as of the 2nd of December 2024, a 12.88% up since the beginning of the trading day. The stock's open price was 7.84. ZenaTech has more than 68 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for ZenaTech are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2024 and ending today, the 2nd of December 2024. Click here to learn more.
IPO Date
1st of October 2024
Category
Technology
ZenaTech is entity of United States. It is traded as Stock on NASDAQ exchange. More on ZenaTech

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ZenaTech Stock Highlights

CEO PresidentShaun Passley
Old NameZenabis Global Inc
Business ConcentrationBusiness Services, Software - Infrastructure, Technology, Software - Infrastructure, Technology (View all Sectors)
ZenaTech can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ZenaTech's financial leverage. It provides some insight into what part of ZenaTech's total assets is financed by creditors.
Liquidity
ZenaTech currently holds 132.09 K in liabilities. Note, when we think about ZenaTech's use of debt, we should always consider it together with its cash and equity.

Investments

(969,995)
ZenaTech (ZENA) is traded on NASDAQ Exchange in USA. It is located in 69 Yonge Street, Toronto, ON, Canada, M5E 1K3 and employs 11 people. ZenaTech is listed under Business Services category by Fama And French industry classification. The company conducts business under Technology sector and is part of Software - Infrastructure industry. ZenaTech generates negative cash flow from operations
Check ZenaTech Probability Of Bankruptcy

ZenaTech Historical Income Statement

At present, ZenaTech's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.2 M, whereas Tax Provision is forecasted to decline to (4.4 K). View More Fundamentals

ZenaTech Stock Against Markets

ZenaTech Corporate Executives

Elected by the shareholders, the ZenaTech's board of directors comprises two types of representatives: ZenaTech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ZenaTech. The board's role is to monitor ZenaTech's management team and ensure that shareholders' interests are well served. ZenaTech's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ZenaTech's outside directors are responsible for providing unbiased perspectives on the board's policies.
James CPACorporate CFOProfile

Already Invested in ZenaTech?

The danger of trading ZenaTech is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ZenaTech is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ZenaTech. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ZenaTech is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ZenaTech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZenaTech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zenatech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zenatech Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZenaTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade ZenaTech Stock refer to our How to Trade ZenaTech Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Business Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZenaTech. If investors know ZenaTech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZenaTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ZenaTech is measured differently than its book value, which is the value of ZenaTech that is recorded on the company's balance sheet. Investors also form their own opinion of ZenaTech's value that differs from its market value or its book value, called intrinsic value, which is ZenaTech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZenaTech's market value can be influenced by many factors that don't directly affect ZenaTech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZenaTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZenaTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZenaTech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.