ZenaTech Sees Unusually Large Options Volume (NASDAQ:ZENA)

ZenaTech, Inc. (NASDAQ:ZENA) was the recipient of unusually large options trading on Wednesday. Stock traders acquired 2,322 call options on the stock. This represents an increase of 54% compared to the average volume of 1,509 call options.

ZenaTech Stock Performance

ZENA stock traded up $0.01 during trading on Wednesday, hitting $1.51. 18,242,518 shares of the company’s stock traded hands, compared to its average volume of 2,201,451. The company has a quick ratio of 2.03, a current ratio of 2.22 and a debt-to-equity ratio of 0.84. ZenaTech has a 52 week low of $1.15 and a 52 week high of $7.11. The stock has a fifty day moving average price of $1.99 and a two-hundred day moving average price of $2.80. The stock has a market capitalization of $33.86 million, a price-to-earnings ratio of -1.42 and a beta of 7.07.

ZenaTech (NASDAQ:ZENA) last issued its earnings results on Wednesday, June 3rd. The company reported ($0.36) earnings per share for the quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wall Street Zen cut shares of ZenaTech from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 11th. Weiss Ratings lowered ZenaTech from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $9.00.

More ZenaTech News

Here are the key news stories impacting ZenaTech this week:

• Positive Sentiment: ZenaTech reported a sharp year-over-year revenue jump of 640% in Q1 2026, driven by growth in its drone division, which supports the company’s expansion story and suggests improving business momentum. ZenaTech Reports 640% Increase in First Quarter 2026 Revenue Year-over-Year Growth Powered by its Drone Division
• Positive Sentiment: The company completed its 23rd Drone as a Service acquisition, expanding in Colorado and moving closer to its goal of acquiring 25 companies by mid-2026, which could boost recurring revenue and scale. ZenaTech Completes its 23rd Drone as a Service Acquisition Expanding Colorado Presence in Southeast Denver Growth Corridor
• Positive Sentiment: Unusually heavy call-option buying points to speculative bullish sentiment, with traders positioning for further upside.
• Neutral Sentiment: ZenaTech filed a Form 6-K showing higher current assets in Q1 2026, which may reassure investors about near-term liquidity but does not by itself change the growth outlook. ZenaTech Files June Form 6-K, Reporting Higher Q1 2026 Current Assets
• Neutral Sentiment: The company also disclosed an equity stake in Plurilock Security via an early warning filing, but the direct impact on ZenaTech’s core business is unclear. ZenaTech Files Early Warning Report Pursuant to National Instrument 61-103
• Negative Sentiment: The latest quarterly earnings showed a loss of $0.36 per share, underscoring that the company is still unprofitable despite rapid revenue growth.

Hedge Funds Weigh In On ZenaTech

Large investors have recently bought and sold shares of the stock. Delos Wealth Advisors LLC acquired a new position in shares of ZenaTech in the 3rd quarter valued at $26,000. Bank of America Corp DE lifted its stake in ZenaTech by 8,436.6% in the 1st quarter. Bank of America Corp DE now owns 14,000 shares of the company’s stock worth $32,000 after acquiring an additional 13,836 shares in the last quarter. Focus Financial Network Inc. acquired a new stake in shares of ZenaTech during the fourth quarter worth approximately $33,000. Cetera Investment Advisers acquired a new stake in shares of ZenaTech during the 1st quarter valued at $36,000. Finally, Barclays PLC increased its stake in shares of ZenaTech by 208.5% in the fourth quarter. Barclays PLC now owns 11,163 shares of the company’s stock worth $36,000 after acquiring an additional 7,544 shares during the last quarter.

About ZenaTech

ZenaTech, Inc, an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.