ParaZero Technologies (NASDAQ:PRZO) Upgraded at Wall Street Zen

ParaZero Technologies (NASDAQ:PRZO) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of ParaZero Technologies in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

ParaZero Technologies Stock Down 5.3%

Shares of ParaZero Technologies stock opened at $0.78 on Friday. ParaZero Technologies has a twelve month low of $0.53 and a twelve month high of $2.15. The company has a fifty day moving average price of $1.13 and a 200 day moving average price of $1.30.

ParaZero Technologies (NASDAQ:PRZO) last released its quarterly earnings data on Thursday, March 26th. The company reported $0.22 EPS for the quarter. The company had revenue of $0.34 million during the quarter.

ParaZero Technologies Company Profile

ParaZero Technologies (NASDAQ:PRZO) is a provider of safety and risk mitigation systems for unmanned aerial vehicles (UAVs). The company develops integrated flight termination and parachute deployment solutions designed to protect people, property and aircraft in the event of drone failures. Its flagship SafeAir™ product line features automated detection of loss-of-control scenarios, rapid parachute deployment and motor-kill capabilities, enabling safer operations across a range of commercial, industrial and defense applications.

Founded in 2016 and headquartered in Israel, ParaZero has expanded its footprint through partnerships and a network of authorized distributors in North America, Europe and Asia-Pacific.