zSpace (NASDAQ:ZSPC) Shares Gap Down – What’s Next?

zSpace, Inc. (NASDAQ:ZSPC)’s share price gapped down prior to trading on Friday . The stock had previously closed at $23.96, but opened at $22.67. zSpace shares last traded at $22.18, with a volume of 22,358 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ZSPC shares. Roth Capital set a $20.00 price objective on shares of zSpace in a research report on Monday, February 3rd. Roth Mkm began coverage on zSpace in a report on Monday, February 3rd. They set a “buy” rating and a $20.00 price target for the company. Northland Securities began coverage on zSpace in a report on Thursday. They issued a “market perform” rating on the stock. Finally, Northland Capmk raised zSpace to a “hold” rating in a report on Wednesday.

zSpace Stock Performance

The company has a fifty day moving average of $14.56.

Hedge Funds Weigh In On zSpace

An institutional investor recently bought a new position in zSpace stock. Jane Street Group LLC bought a new position in shares of zSpace, Inc. (NASDAQ:ZSPC) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 22,621 shares of the company’s stock, valued at approximately $359,000. Jane Street Group LLC owned approximately 0.10% of zSpace as of its most recent filing with the SEC.

About zSpace

zSpace Technologies, Inc is a provider of commercial augmented reality and virtual reality technology principally in the education market. The Company offers differentiated hardware along with learning software modules for K-12 science, technology, engineering, game design and mathematics applications, as well as workforce-oriented career and technical education applications.