Zapata Computing (NASDAQ:ZPTA) Stock Price Down 8.8%

Zapata Computing Holdings Inc. (NASDAQ:ZPTAGet Free Report)’s share price traded down 8.8% during mid-day trading on Thursday . The company traded as low as $0.52 and last traded at $0.52. 642,106 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 912,500 shares. The stock had previously closed at $0.57.

Wall Street Analysts Forecast Growth

Separately, Benchmark assumed coverage on shares of Zapata Computing in a report on Thursday, July 11th. They issued a “speculative buy” rating and a $1.50 price objective on the stock.

Check Out Our Latest Analysis on Zapata Computing

Zapata Computing Stock Performance

The company has a 50 day moving average of $0.65.

Zapata Computing (NASDAQ:ZPTAGet Free Report) last announced its earnings results on Wednesday, May 15th. The company reported ($4.09) EPS for the quarter. The business had revenue of $1.22 million for the quarter.

Zapata Computing Company Profile

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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.

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