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

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

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zeta Network Group in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Zeta Network Group Trading Up 2.0%

NASDAQ ZNB opened at $2.99 on Friday. The stock has a fifty day simple moving average of $38.03 and a 200-day simple moving average of $91.92. Zeta Network Group has a twelve month low of $2.60 and a twelve month high of $2,800.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Zeta Network Group stock. OMERS ADMINISTRATION Corp purchased a new stake in Zeta Network Group (NASDAQ:ZNB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 118,285 shares of the company’s stock, valued at approximately $68,000. OMERS ADMINISTRATION Corp owned about 0.08% of Zeta Network Group at the end of the most recent reporting period. 3.44% of the stock is owned by institutional investors and hedge funds.

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.