ZenaTech’s (ZENA) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (d-) rating on shares of ZenaTech (NASDAQ:ZENA) in a research report report published on Friday,Weiss Ratings reports.

Separately, Wall Street Zen cut ZenaTech from a “hold” rating to a “sell” rating in a research report on Friday, August 22nd. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $9.00.

ZenaTech Trading Up 2.9%

Shares of ZenaTech stock opened at $4.97 on Friday. ZenaTech has a 1-year low of $1.41 and a 1-year high of $12.43. The company’s fifty day simple moving average is $5.19 and its 200-day simple moving average is $4.20.

ZenaTech (NASDAQ:ZENA) last announced its earnings results on Tuesday, August 12th. The company reported ($0.14) EPS for the quarter. The company had revenue of $1.62 million during the quarter.

Institutional Trading of ZenaTech

Several institutional investors have recently made changes to their positions in the business. DNB Asset Management AS purchased a new position in ZenaTech in the 2nd quarter worth approximately $183,000. Citizens Financial Group Inc. RI purchased a new stake in ZenaTech during the 3rd quarter valued at approximately $144,000. Janney Montgomery Scott LLC bought a new stake in shares of ZenaTech during the second quarter valued at approximately $69,000. Geode Capital Management LLC purchased a new position in shares of ZenaTech in the second quarter worth $64,000. Finally, Vontobel Holding Ltd. bought a new position in shares of ZenaTech during the third quarter worth $79,000.

About ZenaTech

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.