Wall Street Zen Upgrades Zeta Network Group (NASDAQ:ZNB) to Hold

Zeta Network Group (NASDAQ:ZNB) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Zeta Network Group in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Zeta Network Group Trading Down 33.4%

Shares of ZNB stock opened at $5.80 on Friday. Zeta Network Group has a fifty-two week low of $5.54 and a fifty-two week high of $2,800.00. The stock has a 50 day simple moving average of $46.42 and a two-hundred day simple moving average of $98.43.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Zeta Network Group stock. OMERS ADMINISTRATION Corp acquired a new stake in Zeta Network Group (NASDAQ:ZNB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 118,285 shares of the company’s stock, valued at approximately $68,000. OMERS ADMINISTRATION Corp owned 0.08% of Zeta Network Group as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 3.44% of the company’s stock.

Zeta Network Group Company Profile

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.