Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP – Free Report) – Equities research analysts at Litchfield Hills Research decreased their FY2026 earnings per share (EPS) estimates for shares of Zapp Electric Vehicles Group in a note issued to investors on Friday, January 31st. Litchfield Hills Research analyst T. O’neill now expects that the company will earn $0.37 per share for the year, down from their previous forecast of $0.44. The consensus estimate for Zapp Electric Vehicles Group’s current full-year earnings is ($1.84) per share.
Other equities analysts have also recently issued reports about the company. Maxim Group dropped their target price on Zapp Electric Vehicles Group from $7.00 to $3.00 and set a “buy” rating for the company in a report on Monday. BNP Paribas raised Zapp Electric Vehicles Group to a “strong-buy” rating in a report on Tuesday, October 8th.
Zapp Electric Vehicles Group Stock Down 5.6 %
Zapp Electric Vehicles Group stock opened at $0.93 on Monday. The business has a 50 day moving average price of $1.34 and a two-hundred day moving average price of $3.19. Zapp Electric Vehicles Group has a 12 month low of $0.70 and a 12 month high of $19.10.
Hedge Funds Weigh In On Zapp Electric Vehicles Group
A hedge fund recently bought a new stake in Zapp Electric Vehicles Group stock. Virtu Financial LLC purchased a new position in shares of Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 12,840 shares of the company’s stock, valued at approximately $40,000. Virtu Financial LLC owned about 0.41% of Zapp Electric Vehicles Group at the end of the most recent reporting period.
About Zapp Electric Vehicles Group
Zapp Electric Vehicles Group Ltd. engages in the provision of designs, manufactures and sells electric vehicles. It operates through the following geographical segments: Cayman Islands, Europe, and Thailand. It offers maintenance and repair of motorcycles and related parts and accessories. The company was founded by Swin Chatsuwan, Jeremy North, Warin Thanathawee and Kiattipong Arttachariya in 2017 and is headquartered in London, the United Kingdom.
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