Zeta Network Group (NASDAQ:ZNB) Raised to Hold at Wall Street Zen

Zeta Network Group (NASDAQ:ZNB) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zeta Network Group in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Zeta Network Group Stock Performance

Shares of ZNB stock opened at $2.47 on Friday. The company’s fifty day simple moving average is $5.37 and its two-hundred day simple moving average is $94.61. Zeta Network Group has a 52 week low of $1.83 and a 52 week high of $13,452.00.

Zeta Network Group (NASDAQ:ZNB) last issued its earnings results on Thursday, June 18th. The company reported ($681.24) earnings per share (EPS) for the quarter. The firm had revenue of $8.45 million during the quarter.

Insider Activity at Zeta Network Group

In other Zeta Network Group news, major shareholder Financial Lp Hrt sold 42,254 shares of Zeta Network Group stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $2.87, for a total value of $121,268.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 38.90% of the stock is owned by insiders.

Institutional Trading of Zeta Network Group

An institutional investor recently bought a new position in Zeta Network Group stock. OMERS ADMINISTRATION Corp purchased a new position in Zeta Network Group (NASDAQ:ZNB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 118,285 shares of the company’s stock, valued at approximately $68,000. OMERS ADMINISTRATION Corp owned approximately 0.08% of Zeta Network Group at the end of the most recent quarter. Hedge funds and other institutional investors own 3.44% of the company’s stock.

Zeta Network Group Company Profile

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.