ZenaTech Inc (NASDAQ:ZENA) shares, rose in value on Thursday, April 16, with the stock price up by 1.38% to the previous day’s close as strong demand from buyers drove the stock to $2.20.
Actively observing the price movement in the last trading, the stock closed the session at $2.17, falling within a range of $2.0899 and $2.25. Referring to stock’s 52-week performance, its high was $12.43, and the low was $1.41. On the whole, ZENA has fluctuated by -28.57% over the past month.
With the market capitalization of ZenaTech Inc currently standing at about $51.92 million, investors are eagerly awaiting this quarter’s results, scheduled for in May.
The stock’s technical analysis shows that the price of ZENA currently trading nearly -10.99% and -34.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.94, while the 7-day volatility ratio is showing 12.58% which for the 30-day chart, stands at 11.43%. Furthermore, ZenaTech Inc (ZENA)’s average true range (ATR) is 0.35.
Data on historical trading for ZenaTech Inc (NASDAQ:ZENA) indicates that the trading volumes over the past 10 days have averaged 0.15 and over the past 3 months, they’ve averaged 374.65K. According to company’s latest data on outstanding shares, there are 25.10 million shares outstanding.
Nearly 61.89% of ZenaTech Inc’s shares belong to company insiders and institutional investors own 0.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.65 million shares as on 2025-03-31, resulting in a short ratio of 1.07. The stock has fallen by -71.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ZENA stock heading into the next quarter.
