Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP – Free Report) – Analysts at Litchfield Hills Research cut their FY2026 earnings per share 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 forecasts that the company will post earnings of $0.37 per share for the year, down from their previous estimate of $0.44. The consensus estimate for Zapp Electric Vehicles Group’s current full-year earnings is ($1.84) per share.
Several other equities analysts have also weighed in on the company. Maxim Group started coverage on Zapp Electric Vehicles Group in a research note on Tuesday, October 8th. They issued a “buy” rating and a $7.00 price objective on the stock. BNP Paribas raised shares of Zapp Electric Vehicles Group to a “strong-buy” rating in a research report on Tuesday, October 8th.
Zapp Electric Vehicles Group Stock Down 14.9 %
Shares of ZAPP stock opened at $1.20 on Monday. The company has a 50 day moving average price of $1.35 and a 200 day moving average price of $3.35. Zapp Electric Vehicles Group has a one year low of $0.70 and a one year 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 bought a new stake in shares of Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 12,840 shares of the company’s stock, valued at approximately $40,000. Virtu Financial LLC owned 0.41% of Zapp Electric Vehicles Group at the end of the most recent quarter.
Zapp Electric Vehicles Group Company Profile
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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