Zeta Network Group (NASDAQ:ZNB) Issues Earnings Results

Zeta Network Group (NASDAQ:ZNB – Get Free Report) released its quarterly earnings results on Monday. The company reported $217.45 earnings per share (EPS) for the quarter, reports. The firm had revenue of $5.73 million for the quarter.

Zeta Network Group Stock Down 2.8%

Shares of ZNB stock traded down $0.02 during mid-day trading on Monday, reaching $0.75. 97,137 shares of the company were exchanged, compared to its average volume of 407,751. Zeta Network Group has a fifty-two week low of $0.65 and a fifty-two week high of $1,376.00. The business’s 50 day simple moving average is $1.54 and its 200 day simple moving average is $6.57.

Insider Activity

In related news, major shareholder Financial Lp Hrt sold 42,254 shares of Zeta Network Group stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $2.87, for a total value of $121,268.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have acquired 36,455 shares of company stock valued at $38,277 and have sold 46,906 shares valued at $129,247. Company insiders own 38.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Zeta Network Group in a report on Tuesday, July 21st. Wall Street Zen upgraded Zeta Network Group to a “hold” rating in a research note on Saturday, August 8th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Zeta Network Group presently has an average rating of “Sell”.

Check Out Our Latest Report on ZNB

About Zeta Network Group

(Get Free Report)

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.

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Earnings History for Zeta Network Group (NASDAQ:ZNB)

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