Zeta Network Group (NASDAQ:ZNB) Issues Quarterly Earnings Results

Zeta Network Group (NASDAQ:ZNB) issued its quarterly earnings data on Monday. The company reported $217.45 EPS for the quarter, reports. The company had revenue of $5.73 million during the quarter.

Zeta Network Group Stock Performance

NASDAQ:ZNB opened at $0.71 on Wednesday. The stock’s 50-day moving average is $1.46 and its 200-day moving average is $6.35. Zeta Network Group has a 1-year low of $0.65 and a 1-year high of $1,328.00.

Insider Transactions at Zeta Network Group

In related news, major shareholder Financial Lp Hrt sold 42,254 shares of Zeta Network Group stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $2.87, for a total transaction of $121,268.98. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last three months, insiders have purchased 36,455 shares of company stock valued at $38,277 and have sold 46,906 shares valued at $129,247. 38.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ZNB has been the subject of several research analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Zeta Network Group in a report on Tuesday, July 21st. Wall Street Zen raised Zeta Network Group to a “hold” rating in a report on Saturday, August 8th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Zeta Network Group

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.