Zosano Pharma Corp (NASDAQ:ZSAN) share price soared 7.10% or 0.11 points to reach at $1.66 during previous trading session. The stock’s price fluctuated within the range of $1.56 – $1.74 during previous trading session. A total of 4.4M shares exchanged hands, whereas the company’s average trading volume stands at 6.29M shares. Zosano Pharma Corp (NASDAQ:ZSAN) has a market capitalization of $29.10M and most recently 19.45M outstanding shares have been calculated.
In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.
Relative strength index (RSI-14) for Zosano Pharma Corp (NASDAQ:ZSAN) is at 39.94.
According to sentiments of 1 analysts the mean estimates of short term price target for the company’s stock is marked at $3.25. The most optimistic analyst sees the stock reaching $3.25 while the most conventional predicts the target price at $3.25.
The consensus means EPS for the current quarter is at -$0.43 derived from a total of 1 estimates. According to analysts minimum EPS for the current quarter is expected at -$0.43 and can go high up to -$0.43. However a year ago during same quarter Zosano Pharma Corp (NASDAQ:ZSAN) reported -$0.68 EPS.
For the upcoming quarter, initial predictions are anticipating that the company will post earnings of -$0.18 per share according to consensus of 1 analysts.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.00 on the shares of Zosano Pharma Corp (NASDAQ:ZSAN). Out of rating recommendations 0 have given the stock a Buy while 1 recommend the stock as Outperform. 0 have given the stock a Hold rating, 0 as Underperform and 0 as Sell.
On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Zosano Pharma Corp (NASDAQ:ZSAN) distance from 20 day simple moving average is -30.98% whereas its distance from 50 day simple moving average is -5.09% along with 39.54% distance from 200 day simple moving average.
An important factor to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Zosano Pharma Corp (NASDAQ:ZSAN) shares were trading -53.09% below from the 52-week high mark of $3.54 and 267.26% above from the 52-week bottom of $0.45. The stock hit its 52-week high price on 02/16/17, and 52-week low price on 11/03/16.
When we have a peek on stock’s historical trends we come to know that, the stock has slipped -26.55% in the past one week and plunged -45.59% during previous one month drive, the stock went up 80.43% during past quarter. In the last six months the stock’s performance soared 121.33% while yearly performance of the company fell -37.71%. The company’s year to date (YTD) performance is at 112.82%.
While taking a glance at financials, we can look at a number of key indicators. Zosano Pharma Corp (NASDAQ:ZSAN) has a Return on Assets (ROA) of -100.20%. The company currently has a Return on Equity (ROE) of -249.60%. Average true range (ATR-14) of the company sets at 0.63, along with its weekly and monthly volatility of 13.26%, 14.39% respectively.
The company’s quick ratio for most recent quarter is 1.60 along with current ratio for most recent quarter of 1.60. Total debt to equity ratio of the company for most recent quarter is 2.80 whereas long term debt to equity ratio for most recent quarter is 1.47.