Zapata Computing Holdings Inc. (NASDAQ:ZPTA – Get Free Report)’s share price dropped 9.4% on Monday . The company traded as low as $0.71 and last traded at $0.77. Approximately 141,076 shares traded hands during trading, a decline of 50% from the average daily volume of 283,118 shares. The stock had previously closed at $0.85.
Zapata Computing Price Performance
The firm has a market cap of $125.19 million, a PE ratio of -25.67 and a beta of 23.71. The stock has a 50-day moving average price of $0.86 and a 200 day moving average price of $0.34.
About Zapata Computing
Zapata Computing is a quantum software company headquartered in Boston, Massachusetts. Founded in 2017 as a spin-out from Harvard University, the firm focuses on developing quantum algorithms and workflows designed to address complex computational challenges. By leveraging advances in quantum information science, Zapata aims to provide enterprises with tools to explore new approaches in optimization, chemistry simulation, machine learning and materials research.
The company’s flagship platform, Orquestra™, offers a modular environment for designing, running and managing end-to-end quantum workflows.
Further Reading
- Five stocks we like better than Zapata Computing
- The day the gold market broke
- Forget AI, This Will Be the Next Big Tech Breakthrough
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- Gold’s getting scarce.
- End of America Update
Receive News & Ratings for Zapata Computing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zapata Computing and related companies with MarketBeat.com's FREE daily email newsletter.
