Zapata Computing Holdings Inc. (NASDAQ:ZPTA – Get Free Report) shares were down 8.1% during trading on Tuesday . The company traded as low as $0.90 and last traded at $0.91. Approximately 38,425 shares were traded during trading, a decline of 82% from the average daily volume of 209,070 shares. The stock had previously closed at $0.99.
Zapata Computing Trading Down 8.1%
The business’s 50-day simple moving average is $1.10 and its 200-day simple moving average is $0.46. The company has a market cap of $147.95 million, a PE ratio of -30.33 and a beta of 23.62.
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.
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