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Zedge trades as part of the technology sector and is in the application software industry. The company CEO is Tom Arnoy. Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds.



Previous Intraday Performance:

The ZDGE shares had a previous change of -5.76% which opened at 1.76 and closed at 1.80. It moved to an intraday high of 1.83 and a low of 1.69.

SeekingAlpha:  Zedge, Inc. (ZDGE) CEO Tom Arnoy on Q3 2019 Results – Earnings Call Transcript

Historical Performance:

Over the last five trading days, ZDGE shares returned -13.15% and in the past 30 trading days it returned -15.44%. Over three months, it changed 5.26%. In one year it has changed -51.35% and within that year its 52 week high was 4.16 and its 52 week low was 1.64. ZDGE stock is 9.72% above its 52 week low.

Our calculations result in a 200 day moving average of 2.17 and a 50 day moving average of 2.10. Right now, ZDGE stock is trading -17.24% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Zedge losses widen as usage drops in developed markets

Liquidity:

The company has a market cap of $18.6m with 10.3m shares outstanding and a float of 9.4m shares. Trading volume was 24,919 shares and has experienced an average volume of 10,005 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Zedge was -0.16 which ended on 31st of July 2018.

Below was the last reported quarterly diluted earnings per share:

Apr19Reported 03-13-2019: -0.12
Jan19Reported 12-11-2018: -0.02
Oct18Reported 10-24-2018: -0.07
Jul18Reported 06-13-2018: -0.03
Apr18Reported 03-13-2018: -0.03

The next earnings report will be: 06-19-2019

The growth of the EPS is critical in understanding the current valuation of Zedge; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been -15.20% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 9.30% of insider ownership and 29.70% of institutional ownership. Short-interest was 40,181, which was 0.39% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.43. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 1.00.

SeekingAlpha:  Zedge reports Q3 results

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -12.95%, profit margin is -16.10%, price-to-sales is 2.64 and price-to-book is 2.14.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 6  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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