Zapata Quantum (OTCMKTS:ZPTA) Shares Down 6.2% – Time to Sell?

Shares of Zapata Quantum (OTCMKTS:ZPTA) traded down 6.2% during mid-day trading on Wednesday . The company traded as low as $0.75 and last traded at $0.76. 9,247 shares traded hands during trading, a decline of 88% from the average session volume of 79,287 shares. The stock had previously closed at $0.81.

Zapata Quantum Stock Performance

The company’s 50 day moving average is $0.95 and its 200 day moving average is $0.54. The stock has a market capitalization of $123.56 million, a price-to-earnings ratio of -25.33 and a beta of 24.01.

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.