Zapata Quantum (OTCMKTS:ZPTA) Shares Down 2.9% – Here’s What Happened

Shares of Zapata Quantum (OTCMKTS:ZPTA) were down 2.9% during trading on Monday . The stock traded as low as $1.2850 and last traded at $1.43. Approximately 127,566 shares traded hands during trading, a decline of 60% from the average daily volume of 319,647 shares. The stock had previously closed at $1.4730.

Zapata Quantum Stock Performance

The stock has a market cap of $222.25 million, a PE ratio of -64.50 and a beta of 20.52. The company has a 50 day moving average of $0.96 and a two-hundred day moving average of $0.92.

Zapata Quantum (OTCMKTS:ZPTA) last posted its quarterly earnings data on Friday, May 15th. The quantum software company reported ($0.01) earnings per share for the quarter.

About Zapata Quantum

Zapata Computing Holdings Inc operates as an industrial generative artificial intelligence (AI) software company in the United States. The company offers subscription-based solutions that combine software and services to develop generative AI applications, as well as accompanying services to solve complex industrial problems. It also provides Zapata AI Sense, a suite of algorithms and complex mathematical models to enhance analytics and other data-driven applications; Zapata AI Prose, a set of generative AI solutions based on large language models for generic chatbot applications; and Orquestra, an industrial generative AI application development platform, which provides sense and prose.