ZenaTech (NASDAQ:ZENA) Earns Buy Rating from Analysts at Maxim Group

Maxim Group started coverage on shares of ZenaTech (NASDAQ:ZENA) in a report published on Monday morning, Marketbeat reports. The firm issued a buy rating and a $9.00 price objective on the stock.

Separately, Wall Street Zen upgraded shares of ZenaTech from a “sell” rating to a “hold” rating in a report on Friday, May 30th.

ZenaTech Stock Performance

Shares of NASDAQ ZENA opened at $4.32 on Monday. The company has a 50 day simple moving average of $2.82 and a 200-day simple moving average of $4.27. ZenaTech has a 1 year low of $1.41 and a 1 year high of $12.43.

Institutional Trading of ZenaTech

Several institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC acquired a new stake in ZenaTech in the 4th quarter valued at approximately $88,000. OMERS ADMINISTRATION Corp acquired a new stake in ZenaTech in the 4th quarter valued at approximately $90,000. Jane Street Group LLC acquired a new stake in ZenaTech in the 4th quarter valued at approximately $109,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in ZenaTech in the 4th quarter valued at approximately $119,000.

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.