ParaZero Technologies (NASDAQ:PRZO) Announces Earnings Results

ParaZero Technologies (NASDAQ:PRZO) issued its quarterly earnings data on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $0.34 million during the quarter.

ParaZero Technologies Stock Performance

NASDAQ PRZO traded down $0.05 during trading on Thursday, hitting $0.83. The company’s stock had a trading volume of 452,079 shares, compared to its average volume of 1,668,460. The firm has a 50 day moving average price of $1.15 and a 200 day moving average price of $1.31. ParaZero Technologies has a 52 week low of $0.53 and a 52 week high of $2.15.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ParaZero Technologies in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, ParaZero Technologies currently has a consensus rating of “Sell”.

About ParaZero Technologies

ParaZero Technologies (NASDAQ:PRZO) is a provider of safety and risk mitigation systems for unmanned aerial vehicles (UAVs). The company develops integrated flight termination and parachute deployment solutions designed to protect people, property and aircraft in the event of drone failures. Its flagship SafeAir™ product line features automated detection of loss-of-control scenarios, rapid parachute deployment and motor-kill capabilities, enabling safer operations across a range of commercial, industrial and defense applications.

Founded in 2016 and headquartered in Israel, ParaZero has expanded its footprint through partnerships and a network of authorized distributors in North America, Europe and Asia-Pacific.