How did Zevia PBC (ZVIA) surprise investors with its report?

Zevia PBC [ZVIA] stock is trading at $2.19, up 6.83%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ZVIA shares have gain 12.89% over the last week, with a monthly amount glided 79.51%, 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.

Zevia PBC [ZVIA] stock has fluctuated 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 $2.19 at the most recent close of the market. An investor can expect a potential drop of -8.68% based on the average ZVIA price forecast.

Analyzing the ZVIA fundamentals

Zevia PBC [NYSE:ZVIA] reported sales of 153.38M for the trailing twelve months, which represents 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

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 2.07 points at the first support level, and at 1.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.35, and for the 2nd resistance point, it is at 2.50.

Ratios To Look Out For

For context, Zevia PBC’s Current Ratio is 2.85. Also, the Quick Ratio is 1.96, while the Cash Ratio stands at 1.41. Considering the valuation of this stock, the price to sales ratio is 1.11, the price to book ratio is 1.81.

Transactions by insiders

Recent insider trading involved White Pine LLC, 10% Owner, that happened on Oct 03 ’24 when 92852.0 shares were sold. 10% Owner, White Pine LLC completed a deal on Oct 02 ’24 to sell 5017.0 shares. Meanwhile, 10% Owner White Pine LLC sold 36249.0 shares on Sep 30 ’24.

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