ZenaTech (ZENA) Set to Release Earnings on Tuesday

ZenaTech (NASDAQ:ZENA) is anticipated to post its resultson Tuesday, November 10th. Analysts expect the company to post earnings of ($0.18) per share and revenue of $9.12 million for the quarter.

ZenaTech (NASDAQ:ZENA) last announced its quarterly earnings data on Thursday, September 24th. The company reported ($0.20) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.20). ZenaTech had a negative net margin of 306.35% and a negative return on equity of 3,081.41%. The firm had revenue of $6.57 million for the quarter, compared to analysts’ expectations of $6.56 million. On average, analysts expect ZenaTech to post ($0.83) EPS for the current fiscal year and ($0.50) EPS for the next fiscal year.

ZenaTech Trading Down 0.5%

Shares of ZenaTech stock traded down $0.00 on Tuesday, hitting $0.73. 1,423,836 shares of the company’s stock traded hands, compared to its average volume of 2,615,357. The firm’s 50-day moving average price is $1.35 and its two-hundred day moving average price is $1.93. The stock has a market capitalization of $146.24 million, a PE ratio of -0.49 and a beta of 7.52. ZenaTech has a one year low of $0.69 and a one year high of $5.17. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.72 and a quick ratio of 1.59.

Analyst Ratings Changes

Separately, Weiss Ratings lowered ZenaTech from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, August 13th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $4.50.

ZenaTech Company Profile

ZenaTech, Inc (NASDAQ: ZENA) is a technology company focused on artificial intelligence, drone-based solutions and enterprise software. Its business combines autonomous drone development with cloud-based applications intended to help organizations manage operations, data and workflows.

The company’s ZenaDrone product line is designed for commercial and industrial applications, including inspection, monitoring, logistics, agriculture, public safety and defense. The systems are intended to use autonomous flight capabilities, artificial intelligence and other technologies to collect data and support tasks that may otherwise require manual aircraft operations.

ZenaTech also develops and markets software solutions for businesses, including tools associated with customer relationship management, enterprise resource planning, workforce management and office productivity.