Zapata Quantum (OTCMKTS:ZPTA) Stock Rating Upgraded by Zacks Research

Zapata Quantum (OTCMKTS:ZPTA) was upgraded by investment analysts at Zacks Research to a “hold” rating in a note issued to investors on Monday, Zacks reports.

Separately, Craig Hallum raised Zapata Quantum to a “strong-buy” rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Zapata Quantum has a consensus rating of “Buy”.

Zapata Quantum Trading Up 6.1%

Shares of ZPTA stock opened at $0.52 on Monday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.26 and a current ratio of 2.26. The company has a market capitalization of $97.37 million, a price-to-earnings ratio of -25.99 and a beta of 20.94. Zapata Quantum has a 52-week low of $0.04 and a 52-week high of $2.35. The company has a 50-day simple moving average of $0.79 and a two-hundred day simple moving average of $0.85.

Zapata Quantum (OTCMKTS:ZPTA) last posted its earnings results on Friday, August 14th. The quantum software company reported ($0.01) EPS for the quarter. Research analysts anticipate that Zapata Quantum will post -0.03 EPS for the current fiscal year.

About Zapata Quantum

Zapata Computing Holdings Inc operates as an industrial generative artificial intelligence (AI) software company in the United States. The company offers subscription-based solutions that combine software and services to develop generative AI applications, as well as accompanying services to solve complex industrial problems. It also provides Zapata AI Sense, a suite of algorithms and complex mathematical models to enhance analytics and other data-driven applications; Zapata AI Prose, a set of generative AI solutions based on large language models for generic chatbot applications; and Orquestra, an industrial generative AI application development platform, which provides sense and prose.