zSpace (NASDAQ:ZSPC) Shares Gap Down – Here’s What Happened

by · The Cerbat Gem

zSpace, Inc. (NASDAQ:ZSPC – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $23.96, but opened at $22.67. zSpace shares last traded at $22.18, with a volume of 22,358 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Roth Capital upgraded zSpace to a “strong-buy” rating in a research note on Monday, February 3rd. Roth Mkm initiated coverage on zSpace in a research report on Monday, February 3rd. They set a “buy” rating and a $20.00 price objective on the stock. Northland Securities initiated coverage on zSpace in a report on Thursday. They issued a “market perform” rating on the stock. Finally, Northland Capmk raised zSpace to a “hold” rating in a report on Wednesday.

Read Our Latest Stock Analysis on ZSPC

zSpace Price Performance

The firm has a fifty day moving average of $14.40.

Institutional Trading of zSpace

A hedge fund recently bought a new stake in zSpace stock. Jane Street Group LLC acquired a new position in shares of zSpace, Inc. (NASDAQ:ZSPC – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 22,621 shares of the company’s stock, valued at approximately $359,000. Jane Street Group LLC owned approximately 0.10% of zSpace at the end of the most recent reporting period.

About zSpace

(Get Free Report)

zSpace Technologies, Inc is a provider of commercial augmented reality and virtual reality technology principally in the education market. The Company offers differentiated hardware along with learning software modules for K-12 science, technology, engineering, game design and mathematics applications, as well as workforce-oriented career and technical education applications.

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