ZenaTech (NASDAQ:ZENA) Shares Down 2.1% – Time to Sell?

Posted by Francis Steltz on Jul 4th, 2026

ZenaTech, Inc. (NASDAQ:ZENA – Get Free Report)’s stock price dropped 2.1% on Thursday . The stock traded as low as $1.41 and last traded at $1.42. Approximately 1,237,883 shares were traded during trading, a decline of 53% from the average session volume of 2,625,825 shares. The stock had previously closed at $1.45.

Analyst Upgrades and Downgrades

ZENA has been the subject of a number of analyst reports. Wall Street Zen lowered shares of ZenaTech from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 11th. Maxim Group cut their price target on shares of ZenaTech from $7.00 to $5.00 and set a “buy” rating on the stock in a report on Monday, June 8th. Litchfield Hills Research initiated coverage on shares of ZenaTech in a research report on Monday, June 8th. They set a “buy” rating and a $4.00 price target for the company. Zacks Research upgraded shares of ZenaTech to a “hold” rating in a report on Tuesday, June 9th. Finally, Weiss Ratings lowered shares of ZenaTech from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, ZenaTech has a consensus rating of “Hold” and an average target price of $4.50.

Read Our Latest Research Report on ZenaTech

ZenaTech Stock Performance

The company has a quick ratio of 2.47, a current ratio of 2.64 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $31.95 million, a PE ratio of -1.00 and a beta of 7.07. The stock’s fifty day simple moving average is $1.62 and its 200 day simple moving average is $2.48.

ZenaTech (NASDAQ:ZENA – Get Free Report) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.20). The firm had revenue of $6.04 million for the quarter, compared to analyst estimates of $4.53 million. On average, sell-side analysts predict that ZenaTech, Inc. will post -0.92 earnings per share for the current year.

Hedge Funds Weigh In On ZenaTech

Institutional investors and hedge funds have recently bought and sold shares of the stock. Delos Wealth Advisors LLC purchased a new stake in ZenaTech in the third quarter worth about $26,000. Bank of America Corp DE grew its stake in shares of ZenaTech by 8,436.6% during the 1st quarter. Bank of America Corp DE now owns 14,000 shares of the company’s stock valued at $32,000 after acquiring an additional 13,836 shares during the period. Focus Financial Network Inc. bought a new position in shares of ZenaTech during the 4th quarter valued at approximately $33,000. Cetera Investment Advisers purchased a new stake in ZenaTech in the 1st quarter worth approximately $36,000. Finally, Barclays PLC increased its holdings in ZenaTech by 208.5% in the 4th quarter. Barclays PLC now owns 11,163 shares of the company’s stock worth $36,000 after acquiring an additional 7,544 shares in the last quarter.

ZenaTech Company Profile

(Get Free Report)

ZenaTech, Inc, an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.