Zapata Quantum (OTCMKTS:ZPTA) Upgraded by Craig Hallum to “Strong-Buy” Rating

Craig Hallum upgraded shares of Zapata Quantum (OTCMKTS:ZPTA) to a strong-buy rating in a report released on Tuesday,Zacks.com reports.

Zapata Quantum Price Performance

ZPTA stock opened at $0.83 on Tuesday. The business has a fifty day moving average of $1.00 and a two-hundred day moving average of $0.88. The company has a quick ratio of 0.13, a current ratio of 2.26 and a debt-to-equity ratio of 1.48. The stock has a market cap of $143.00 million, a price-to-earnings ratio of -41.50 and a beta of 20.99. Zapata Quantum has a 52-week low of $0.00 and a 52-week high of $2.35.

Zapata Quantum (OTCMKTS:ZPTA) last released its quarterly earnings results on Friday, August 14th. The quantum software company reported ($0.01) earnings per share for the quarter.

About Zapata Quantum

Zapata Computing Holdings Inc operates as an industrial generative artificial intelligence (AI) software company in the United States. The company offers subscription-based solutions that combine software and services to develop generative AI applications, as well as accompanying services to solve complex industrial problems. It also provides Zapata AI Sense, a suite of algorithms and complex mathematical models to enhance analytics and other data-driven applications; Zapata AI Prose, a set of generative AI solutions based on large language models for generic chatbot applications; and Orquestra, an industrial generative AI application development platform, which provides sense and prose.