Zapata Quantum (OTCMKTS:ZPTA) Upgraded by Craig Hallum to Strong-Buy Rating

Zapata Quantum (OTCMKTS:ZPTA) was upgraded by equities research analysts at Craig Hallum to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Zapata Quantum Trading Down 2.4%

Shares of OTCMKTS ZPTA opened at $0.83 on Tuesday. Zapata Quantum has a 12-month low of $0.00 and a 12-month high of $2.35. The company has a market cap of $143.00 million, a price-to-earnings ratio of -41.50 and a beta of 20.99. The company has a current ratio of 2.26, a quick ratio of 0.13 and a debt-to-equity ratio of 1.48. The stock’s 50 day simple moving average is $1.00 and its 200 day simple moving average is $0.88.

Zapata Quantum (OTCMKTS:ZPTA) last posted its earnings results on Friday, August 14th. The quantum software company reported ($0.01) earnings per share (EPS) for the quarter.

Zapata Quantum Company Profile

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.