Zevia PBC (ZVIA) Stock Short-term Performance Analysis

Zevia PBC [ZVIA] stock prices are up 8.25% to $2.10 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ZVIA shares have gain 9.38% over the last week, with a monthly amount glided 94.44%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Zevia PBC [NYSE: ZVIA] stock has seen the most recent analyst activity on July 25, 2023, when Telsey Advisory Group downgraded its rating to a Market Perform and also revised its price target to $4 from $5. Previously, Goldman downgraded its rating to Neutral on July 25, 2023, and dropped its price target to $3.

The stock price of Zevia PBC [ZVIA] has been fluctuating between $0.62 and $2.48 over the past year. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Zevia PBC [NYSE: ZVIA] shares were valued at $2.10 at the most recent close of the market. An investor can expect a potential drop of -4.76% based on the average ZVIA price forecast.

Analyzing the ZVIA fundamentals

The Zevia PBC [NYSE:ZVIA] reported sales of 153.38M for trailing twelve months, representing a drop of -15.60%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.3, Equity is -0.27 and Total Capital is -0.51. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.9100 points at the first support level, and at 1.7100 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.2700, and for the 2nd resistance point, it is at 2.4300.

Ratios To Look Out For

It’s worth pointing out that Zevia PBC [NYSE:ZVIA]’s Current Ratio is 2.85. On the other hand, the Quick Ratio is 1.96, and the Cash Ratio is 1.41. Considering the valuation of this stock, the price to sales ratio is 1.02, the price to book ratio is 1.73.

Transactions by insiders

Recent insider trading involved DeBow Greig P. Jr., Chief Commercial Officer, that happened on Nov 22 ’23 when 23455.0 shares were purchased. 10% Owner, White Pine LLC completed a deal on Oct 03 ’24 to sell 92852.0 shares. Meanwhile, 10% Owner White Pine LLC sold 5017.0 shares on Oct 02 ’24.

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