In the last trading session, 3,909,511 shares of the Zosano Pharma Corporation(NASDAQ:ZSAN) were traded, and its beta was 3.97. Most recently the company’s share price was $1.48, and it changed around -$0.01 or -0.01% from the last close, which brings the market valuation of the company to $151.06 Million. ZSAN currently trades at a discount to its 52-week high of $3.06, offering almost -106.76% off that amount. The share price’s 52-week low was $0.328, which indicates that the current value has risen by an impressive 77.84% since then. We note from Zosano Pharma Corporation’s average daily trading volume that its 10-day average is 5.89 Million shares, with the 3-month average coming to 11.18 Million.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Zosano Pharma Corporation stock received a consensus recommendation rating of Buy, based on a mean score of 1.7. If we narrow it down even further, the data shows that none out of 2 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended ZSAN as a Hold, whereas 2 deemed it a Buy, and no one rated it as Underweight. Zosano Pharma Corporation is expected to report earnings per share of -$0.09 for the current quarter.

Zosano Pharma Corporation (NASDAQ:ZSAN): Trading Information

Although ZSAN has showed a red trend with a performance of -0.67% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $1.789 on Tuesday, Feb 16 increased the stock’s daily price by 17.27%. The company’s shares are currently up 1.81% year-to-date, but still down -0.092 over the last five days. On the other hand, Zosano Pharma Corporation (NASDAQ:ZSAN) is 0.37% up in the 30-day period. We can see from the shorts that 8.22 Million shares have been sold at a short interest cover period of 0.74 day(s).

The consensus price target as assigned by Wall Street analysts is $1.75, which translates to bears needing to increase their stock price by 18.24% from its current value. Analyst projections state that ZSAN is forecast to be at a low of $1.5 and a high of $2. In order for the stock price to hit the forecast high, the stock would need to surge +35.14% from its current level, while the stock would need to crash 1.35% from its current level to reach the projected low.

Zosano Pharma Corporation (ZSAN) projections and forecasts

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 47.1%. Zosano Pharma Corporation earnings are expected to increase by 38.7% in 2021, but the outlook is negative 0% per year for the next five years.

Zosano Pharma Corporation (NASDAQ:ZSAN)’s Biggest Investors

Upon looking at major shareholders, it appears that insiders hold 0.36% of Zosano Pharma Corporation shares, and 15.59% of them are in the hands of institutional investors. The stock currently has a share float of 15.65%. Zosano Pharma Corporation stock is held by 46 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Sep 29, 2020, it held 4.64% of the shares, which is about 3.18 Million shares worth $5.16 Million.

Aisling Capital Management LP, with 3.96% or 2.72 Million shares worth $1.43 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

LEAVE A REPLY

Please enter your comment!
Please enter your name here