Zosano Pharma Corporation (NASDAQ:ZSAN)went down by -7.97% from its latest closing price when compared to the 1-year high value of $6.65 and move down -187.88%, while ZSAN stocks collected -20.89% of loss with the last five trading sessions. Press Release reported on 08/15/19 that Zosano Pharma Reports Second Quarter 2019 Financial Results and Provides Corporate Update
Zosano Pharma Corporation (NASDAQ:ZSAN) Worth an Investment?
Zosano Pharma Corporation (NASDAQ: ZSAN) The 36 Months beta value for ZSAN stocks is at 2.47, while 3 of the analysts out of 3 who provided ratings for Zosano Pharma Corporation stocks as a “buy” while 0 as overweight, 0 rated it as hold and 0 as sell. The average price we get from analysts is $13.00 which is $10.69 above current price. ZSAN currently has a short float of 8.09% and public float of 16.81M with average trading volume of 286.92K shares.
ZSAN Market Performance
ZSAN stocks went down by -20.89% for the week, with the monthly drop of -25.96% and a quarterly performance of -17.50%, while its annual performance rate touched -41.81%. The simple moving average for the period of the last 20 days is -17.44% for ZSAN stocks with the simple moving average of -31.26% for the last 200 days.
Analysts’ Opinion on Zosano Pharma Corporation (NASDAQ:ZSAN)
Many brokerage firms have already submitted their reports for ZSAN stocks, with Maxim Group repeating the rating for ZSAN shares by setting it to “Buy”. The predicted price for ZSAN socks in the upcoming period according to Maxim Group is $8 based on the research report published on April 17, 2019.
ZSAN Stocks -23.00% Far from 50 Day Moving Average
After a stumble in the market that brought ZSAN to its low price for the period of the last 52 weeks, Zosano Pharma Corporation was unable to take a rebound, for now settling with -65.26% of loss for the given period.
The stock volatility was left at 8.36%, however, within the period of a single month, the volatility rate increased by 11.94%, while the shares sank at the distance of -23.51% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -16.00% lower at the present time.
In the course of the last 5 trading sessions, ZSAN went down by -20.89%, which changed the moving average for the period of 200 days to the total of -34.75% of losses for the stock in comparison to the 20-day moving average settled at $2.76. In addition, Zosano Pharma Corporation saw 8.96% in overturn over the period of a single year with a tendency to cut further gains.
ZSAN Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Zosano Pharma Corporation (ZSAN), starting from WALKER JOHN PETER, who bought 100,000 shares at the price of $3.50 back on Apr 11. After this action, Rushing now owns 280,228 shares of Zosano Pharma Corporation, valued at $350,000 with the latest closing price.
ZSAN Stock Fundamentals
Based on Zosano Pharma Corporation (ZSAN), the company’s capital structure generated 36.49 points for debt to equity in total, while total debt to capital is set at the value of 26.73. Total debt to assets is settled at the value of 19.08 with long-term debt to equity ratio rests at 24.03 and long-term debt to capital is 17.61.