Zeta Network Group (NASDAQ:ZNB) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Zeta Network Group (NASDAQ:ZNB) from a hold rating to a sell rating in a research note published on Sunday.

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

Zeta Network Group Stock Performance

Shares of ZNB opened at $2.93 on Friday. Zeta Network Group has a 1 year low of $2.80 and a 1 year high of $2,800.00. The stock’s fifty day moving average price is $39.54 and its two-hundred day moving average price is $92.82.

Institutional Investors Weigh In On Zeta Network Group

An institutional investor recently bought a new position in Zeta Network Group stock. OMERS ADMINISTRATION Corp purchased a new stake in shares of Zeta Network Group (NASDAQ:ZNB) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 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 SEC filing. 3.44% of the stock is owned by institutional investors and hedge funds.

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.