Zapata Quantum (OTCMKTS:ZPTA) Shares Up 7.3% – Time to Buy?

Zapata Quantum (OTCMKTS:ZPTA) shares rose 7.3% on Monday . The company traded as high as $0.92 and last traded at $0.88. 40,756 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 108,062 shares. The stock had previously closed at $0.82.

Zapata Quantum Stock Down 13.6%

The firm has a market capitalization of $125.77 million, a PE ratio of -36.50 and a beta of 20.99. The business’s 50-day moving average price is $1.03 and its 200-day moving average price is $0.90.

Zapata Quantum (OTCMKTS:ZPTA) last announced its quarterly earnings data on Friday, May 15th. The quantum software company reported ($0.01) EPS for the quarter.

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.