ZSAN Stock Forecast: Stock price wipes out ~50% in 15 days. Time to sell?

ZSAN Stock Forecast: Stock price wipes out ~50% in 15 days. Time to sell?

ZSAN Stock Forecast: The stock is expected to trade between $0.5554 to $0.3374. The overall recommendation is to sell.

ZSAN Stock Forecast: Latest Price

ZSAN Stock Forecast: Performance Chart

Stock Name5 Days1 Month6 MonthYTD
ZSAN-27.76%-70.65%-97.21%-96.61%

ZSAN Stock Forecast: Latest Tweet

trooper.trading on Twitter: “Shares of Zosano Pharma Corporation $ZSAN just exploded ⬆ on high relative volume! The stock trades currently at $0.68, up 20% since previous trading day close. I’m gonna keep my eye on this one. #trading #tradingTips #StocksToTrade pic.twitter.com/CwpoKLiHYp / Twitter”

Shares of Zosano Pharma Corporation $ZSAN just exploded ⬆ on high relative volume! The stock trades currently at $0.68, up 20% since previous trading day close. I’m gonna keep my eye on this one. #trading #tradingTips #StocksToTrade pic.twitter.com/CwpoKLiHYp

Also read: Pfizer Stock Forecast

ZSAN Stock Forecast: Momentum Summary (Today’s Outlook)

Trend
Overall Indicator Negative
1. Market Data
Market CapLower
TechnicalSell
Trading VolumeLower
2.Crowd’s Wisdom
Google Search VolumeLower
Social Media SentimentNeutral

ZSAN Stock Forecast: Stock Price Target

Realistic Price Targets not available for the stock

ZSAN Stock Forecast: Latest Video

YouTube video

ZSAN Stock Forecast: The Stock Drop Down

  • Zosano Pharma Corp. warned on Friday that it will require a significant capital infusion to stay in business, sending shares down 17% to $1.58 in after-hours trade. 
  • The clinical-stage biopharmaceutical company, which had previously announced the suspension of its lead product candidate program and layoffs, reported a first-quarter net loss of $33.4 million, or $7.86 per share, as it recorded an impairment loss of $25.9 million for the three months ended March 31.
  • Zosano stated that it has around $9.9 million in cash as of May 11 and that it would require “significantly more finance to sustain its activities and would not be able to continue as a going concern if further monies are not raised.”
  • Led to the resignation of Joseph “Jay” P. Hagan, head of the audit committee, it announced plans to reduce the size of its board.

ZSAN Stock Forecast: Google Trends

ZSAN Stock Forecast: Technical Analysis

SourceSupport (S3)Resistance (R1)Recommendation
Investing$ 0.5086$ 0.5526Sell
Barchart$ 0.6021$ 0.1221Sell

-Dhvipasha Purohit

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

ZSAN stock forecast

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