Zeta Network Group (NASDAQ:ZNB) Downgraded by Wall Street Zen to “Sell”

Zeta Network Group (NASDAQ:ZNB) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Sunday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Zeta Network Group in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Zeta Network Group Trading Down 11.2%

Shares of Zeta Network Group stock opened at $2.93 on Friday. Zeta Network Group has a 12-month low of $2.80 and a 12-month high of $2,800.00. The firm’s 50-day moving average price is $39.54 and its two-hundred day moving average price is $93.13.

Institutional Trading of Zeta Network Group

A hedge fund recently bought a new stake in Zeta Network Group stock. Anson Funds Management LP acquired a new stake in Zeta Network Group (NASDAQ:ZNB) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned approximately 0.39% of Zeta Network Group as of its most recent SEC filing. Hedge funds and other institutional investors own 3.44% of the company’s stock.

About Zeta Network Group

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services.