ZyVersa Therapeutics Inc (NASDAQ:ZVSA) price on current trading day, fall -18.90% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.03.
A look at the stock’s price movement, the close in the last trading session was $1.27, moving within a range at $0.86 and $1.11. The beta value (5-Year monthly) was 0.68. Turning to its 52-week performance, $8.05 and $0.55 were the 52-week high and 52-week low respectively. Overall, ZVSA moved 8.33% over the past month.
ZyVersa Therapeutics Inc’s market cap currently stands at around $2.64 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ZVSA is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
ZVSA’s current price about 39.41% and 3.30% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.03, while 7-day volatility ratio is 56.62% and 20.59% in the 30-day chart. Further, ZyVersa Therapeutics Inc (ZVSA) has a beta value of -0.75, and an average true range (ATR) of 0.18.
If we refocus on ZyVersa Therapeutics Inc (NASDAQ:ZVSA), historical trading data shows that trading volumes averaged 11.7 over the past 10 days and 2.72 million over the past 3 months. The company’s latest data on shares outstanding shows there are 2.57 million shares.
The 0.25% of ZyVersa Therapeutics Inc’s shares are in the hands of company insiders while institutional holders own 3.16% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.19 million on 2025-03-14, giving us a short ratio of 0.44. The data shows that as of 2025-03-14 short interest in ZyVersa Therapeutics Inc (ZVSA) stood at 751.00005 of shares outstanding, with shares short rising to 97759.0 registered in 2025-02-14. Current price change has pushed the stock -2.83% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ZVSA stock continues to rise going into the next quarter.
