Zedge (NYSEAMERICAN:ZDGE) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Posted by Geri Gentry on Jul 26th, 2026

Zedge, Inc. (NYSEAMERICAN:ZDGE – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.09 and traded as low as $2.98. Zedge shares last traded at $2.98, with a volume of 24,740 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Zedge to a “hold” rating in a research report on Monday, June 15th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $6.00.

Get Our Latest Stock Report on Zedge

Zedge Trading Down 0.3%

The company’s fifty day simple moving average is $3.09 and its 200 day simple moving average is $3.14. The firm has a market capitalization of $37.37 million, a P/E ratio of -33.11 and a beta of 1.20.

Zedge (NYSEAMERICAN:ZDGE – Get Free Report) last issued its quarterly earnings data on Thursday, June 11th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. Zedge had a negative net margin of 3.62% and a positive return on equity of 11.18%. The business had revenue of $7.99 million during the quarter, compared to analyst estimates of $7.00 million. On average, analysts predict that Zedge, Inc. will post 0.31 earnings per share for the current fiscal year.

Zedge Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 22nd. Zedge’s payout ratio is -11.94%.

Institutional Investors Weigh In On Zedge

Institutional investors have recently modified their holdings of the business. HRT Financial LP purchased a new stake in shares of Zedge during the 4th quarter valued at about $158,000. Goldman Sachs Group Inc. raised its stake in Zedge by 35.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 42,029 shares of the company’s stock valued at $138,000 after buying an additional 11,022 shares during the last quarter. Citadel Advisors LLC lifted its holdings in shares of Zedge by 304.7% during the 3rd quarter. Citadel Advisors LLC now owns 49,520 shares of the company’s stock valued at $144,000 after buying an additional 37,285 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Zedge in the third quarter worth $87,000. Finally, NewEdge Advisors LLC purchased a new stake in Zedge during the second quarter valued at $191,000. 29.37% of the stock is owned by hedge funds and other institutional investors.

Zedge Company Profile

(Get Free Report)

Zedge, Inc (NYSE American: ZDGE) is a digital media and technology company that operates a mobile personalization platform. Through its flagship Zedge app and website, the company provides consumers with a wide range of downloadable digital content, including wallpapers, ringtones, notification sounds, app icons and lock screens. The platform accommodates both free and premium content, enabling users to customize their smartphones and tablets according to personal taste.

The company’s platform features content created by independent designers and established media brands, and it supports multiple languages and regional preferences.