Zeta Network Group (NASDAQ:ZNB) Posts Earnings Results

Zeta Network Group (NASDAQ:ZNB) issued its quarterly earnings results on Thursday. The company reported ($85.16) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $8.45 million during the quarter.

Zeta Network Group Price Performance

NASDAQ ZNB traded down $0.15 during trading hours on Thursday, hitting $0.65. 439,267 shares of the company were exchanged, compared to its average volume of 467,286. The company has a 50 day moving average of $1.60 and a two-hundred day moving average of $30.17. Zeta Network Group has a 52-week low of $0.60 and a 52-week high of $2,625.00.

Wall Street Analyst Weigh In

ZNB has been the topic of a number of recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Zeta Network Group in a research note on Friday, April 24th. Wall Street Zen lowered Zeta Network Group from a “hold” rating to a “sell” rating in a research note on Sunday, March 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Zeta Network Group presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Zeta Network Group

A hedge fund recently bought a new stake in Zeta Network Group stock. OMERS ADMINISTRATION Corp purchased a new position in shares of Zeta Network Group (NASDAQ:ZNB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 118,285 shares of the company’s stock, valued at approximately $68,000. OMERS ADMINISTRATION Corp owned 0.08% of Zeta Network Group at the end of the most recent reporting period. Institutional investors and hedge funds own 3.44% of the company’s stock.

About Zeta Network Group

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.