At the time of writing, Zedge Inc [ZDGE] stock is trading at $3.15, up 33.47%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZDGE shares have gain 36.96% over the last week, with a monthly amount glided 23.53%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Zedge Inc [AMEX: ZDGE] stock has seen the most recent analyst activity on March 16, 2021, when Maxim Group reiterated its Buy rating and also boosted its price target to $24 from $19. Previously, Maxim Group started tracking the stock with Buy rating on February 11, 2021, and set its price target to $19. On June 25, 2020, National Securities initiated with a Buy rating and assigned a price target of $3 on the stock.
For the past year, the stock price of Zedge Inc fluctuated between $1.93 and $5.18. Zedge Inc [AMEX: ZDGE] shares were valued at $3.15 at the most recent close of the market.
Analyzing the ZDGE fundamentals
According to Zedge Inc [AMEX:ZDGE], the company’s sales were 30.20M for trailing twelve months, which represents an 1.60% jump. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.39%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.31 and Total Capital is -0.02.
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 2.48 points at the first support level, and at 1.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.62, and for the 2nd resistance point, it is at 4.09.
Ratios To Look Out For
It is important to note that Zedge Inc [AMEX:ZDGE] has a current ratio of 3.62. In addition, the Quick Ratio stands at 3.62 and the Cash Ratio stands at 3.02. Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 1.48.
