Zedge Inc. Class B Shares Close the Week 20.4% Higher - Weekly Wrap

The company saw its shares close the week 20.4% higher than last week, with trading volume higher than its 30 day average.

Mar 12, 2021 by Kwhen Finance Editors

Zedge Inc. Class B Shares Close the Week 20.4% Higher - Weekly Wrap
Zedge Inc. Class B shares closed this week 20.4% higher than it did at the end of last week. The stock is currently up 86.6% year-to-date, up 871.6% over the past 12 months, and up 116.7% over the past five years. This week, the Dow Jones Industrial Average rose 3.7%, and the S&P 500 rose 3.8%.

Trading Activity

  • Shares traded as high as $12.37 and as low as $9.10 this week.
  • Shares closed 2e+1% below its 52-week high and 2e+3% above its 52-week low.
  • Trading volume this week was 120.8% higher than the 10-day average and 127.6% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price beats the performance of its peers in the Information Technology industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Zedge Inc. Class B10.786.6871.6-0.41891.4
Dow Jones Industrial Average-0.48.245.2-0.384.0
S&P 500 Index-0.16.049.9-0.683.0
Information Technology1.23.067.6-5.8102.7

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