Ermenegildo Zegna N.V (ZGN) concluded trading on Wednesday at a closing price of $7.93, with 0.47 million shares of worth about $3.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.71% during that period and on January 08, 2025 the price saw a gain of about 0.13%. Currently the company’s common shares owned by public are about 252.42M shares, out of which, 60.54M shares are available for trading.
Stock saw a price change of -4.00% in past 5 days and over the past one month there was a price change of -4.11%. Year-to-date (YTD), ZGN shares are showing a performance of -4.00% which decreased to -27.58% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.13 but also hit the highest price of $15.26 during that period. The average intraday trading volume for Ermenegildo Zegna N.V shares is 861.21K. The stock is currently trading -5.34% below its 20-day simple moving average (SMA20), while that difference is down -1.00% for SMA50 and it goes to -22.96% lower than SMA200.
Ermenegildo Zegna N.V (NYSE: ZGN) currently have 252.42M outstanding shares and institutions hold larger chunk of about 21.37% of that.
The stock has a current market capitalization of $3.23B and its 3Y-monthly beta is at 0.66. PE ratio of stock for trailing 12 months is 18.61, while it has posted earnings per share of $0.43 in the same period. It has Quick Ratio of 0.79 while making debt-to-equity ratio of 1.19. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ZGN, volatility over the week remained 3.34% while standing at 3.52% over the month.
Stock’s fiscal year EPS is expected to drop by -27.30% while it is estimated to increase by 15.47% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on November 22, 2024 offering an Underweight rating for the stock and assigned a target price of $7.20 to it. Coverage by BofA Securities stated Ermenegildo Zegna N.V (ZGN) stock as a Neutral in their note to investors on September 23, 2024, suggesting a price target of $9.80 for the stock. On January 11, 2024, Goldman Upgrade their recommendations, while on October 12, 2023, Exane BNP Paribas Initiated their ratings for the stock with a price target of $11.60. Stock get a Buy rating from BofA Securities on September 25, 2023.
