ParaZero Technologies Ltd. (NASDAQ:PRZO – Get Free Report)’s share price was down 3.1% during trading on Friday . The stock traded as low as $0.5522 and last traded at $0.5951. Approximately 1,009,890 shares were traded during trading, a decline of 86% from the average daily volume of 7,058,984 shares. The stock had previously closed at $0.6139.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on PRZO shares. Wall Street Zen lowered ParaZero Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, April 11th. Weiss Ratings lowered ParaZero Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, June 4th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on PRZO
ParaZero Technologies Trading Down 3.1%
ParaZero Technologies (NASDAQ:PRZO – Get Free Report) last released its quarterly earnings data on Thursday, March 26th. The company reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $0.34 million for the quarter.
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.
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