Technical Analysis (TA)
ZDGE has been significantly beaten down and is now trading at a significant discount with a highly probable mean reversion play to 4.45 and 6.44.
The daily chart is showing resistance above 3.55. A break above this area should signal a momentum shift which will result in us hitting one of the two mean reversion/retracement zones.
The momentum indicators are showing early signs of a reversal on the weekly chart.
Price Target
Entry: $3.60
Target 1: $4.45
Target 2: $6.45
Analyst ratings of $13
Fundamental Analysis (FA)
Low EV/EBITDA of 2.84.
ROIC of 22.64 but it has been dropping in the last few years from highs of 38.84 in 2021.
High gross marging of 86% and improving operating margins of 35% (becoming profitable in 2021.
Growing basic EPS of 0.63 in 2021 and TTM 0.53.
Recent News
The company has recently announced a $1.5m share repurchase program which increase share price by 3%.
ZDGE has been significantly beaten down and is now trading at a significant discount with a highly probable mean reversion play to 4.45 and 6.44.
The daily chart is showing resistance above 3.55. A break above this area should signal a momentum shift which will result in us hitting one of the two mean reversion/retracement zones.
The momentum indicators are showing early signs of a reversal on the weekly chart.
Price Target
Entry: $3.60
Target 1: $4.45
Target 2: $6.45
Analyst ratings of $13
Fundamental Analysis (FA)
Low EV/EBITDA of 2.84.
ROIC of 22.64 but it has been dropping in the last few years from highs of 38.84 in 2021.
High gross marging of 86% and improving operating margins of 35% (becoming profitable in 2021.
Growing basic EPS of 0.63 in 2021 and TTM 0.53.
Recent News
The company has recently announced a $1.5m share repurchase program which increase share price by 3%.