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Telsey Advisory Group gives a Market perform recommendation for Zevia PBC (ZVIA)

CHWY Stock

Zevia PBC’s filing revealed that its SVP, GC & Corporate Secretary Simms Lorna R. unloaded Company’s shares for reported $18634.0 on Jan 21 ’25. In the deal valued at $4.68 per share,3,979 shares were sold. As a result of this transaction, Simms Lorna R. now holds 229,014 shares worth roughly $0.96 million.

Then, Taylor Amy sold 11,479 shares, generating $54,430 in total proceeds. Upon selling the shares at $4.74, the President & CEO now owns 1,002,773 shares.

Before that, Taylor Amy bought 11,479 shares. Zevia PBC shares valued at $54,430 were divested by the Officer at a price of $4.74 per share.

Telsey Advisory Group downgraded its Zevia PBC [ZVIA] rating to a Market perform from a an Outperform in a research note published on July 25, 2023; the price target was decreased to $4 from $5. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in late July from “a Buy” to “a Neutral”.

Price Performance Review of ZVIA

On Friday, Zevia PBC [NYSE:ZVIA] saw its stock fall -0.95% to $4.19. Over the last five days, the stock has lost -13.25%. Nevertheless, the stocks have risen 138.07% over the past one year. While a 52-week high of $4.99 was reached on 01/17/25, a 52-week low of $0.62 was recorded on 01/13/25. SMA at 50 days reached $3.29, while 200 days put it at $1.55.

Levels Of Support And Resistance For ZVIA Stock

The 24-hour chart illustrates a support level at 4.07, which if violated will result in even more drops to 3.94. On the upside, there is a resistance level at 4.44. A further resistance level may holdings at 4.68. The Relative Strength Index (RSI) on the 14-day chart is 54.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.78%. Stochastics %K at 57.52% indicates the stock is a holding.

How much short interest is there in Zevia PBC?

A steep rise in short interest was recorded in Zevia PBC stocks on 2024-12-31, growing by 0.39 million shares to a total of 0.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.59 million shares. There was a rise of 40.09%, which implies that there is a positive sentiment for the stock.

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