Zeta Network Group (NASDAQ:ZNB) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Zeta Network Group (NASDAQ:ZNB) to a hold rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zeta Network Group in a report on Tuesday, July 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Zeta Network Group Price Performance

Shares of ZNB stock opened at $2.47 on Friday. Zeta Network Group has a 12-month low of $1.83 and a 12-month high of $13,452.00. The firm has a fifty day moving average of $5.37 and a 200-day moving average of $97.64.

Zeta Network Group (NASDAQ:ZNB) last released its quarterly earnings data on Thursday, June 18th. The company reported ($681.24) EPS for the quarter. The company had revenue of $8.45 million for the quarter.

Insider Activity

In other news, major shareholder Financial Lp Hrt sold 42,254 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $2.87, for a total transaction of $121,268.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 38.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Zeta Network Group

An institutional investor recently bought a new position in Zeta Network Group stock. Anson Funds Management LP bought a new position in Zeta Network Group (NASDAQ:ZNB) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned 0.39% of Zeta Network Group at the end of the most recent quarter. Hedge funds and other institutional investors own 3.44% of the company’s stock.

Zeta Network Group Company Profile

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services.