What does Average Directional Index Predict about ZosanoPharma Corporation (NASDAQ:ZSAN)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of ZosanoPharma Corporation (NASDAQ:ZSAN) for the period of 9-Day stands at 62.38% while the stochastic %D for the same period stands at 61.69%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of ZosanoPharma Corporation (NASDAQ:ZSAN) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for ZosanoPharma Corporation (NASDAQ:ZSAN) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently ZosanoPharma Corporation (NASDAQ:ZSAN)’s 20-Day Bollinger Band indicates “Hold”.

About Company

ZosanoPharma Corporation is a biopharmaceutical company. It is engaged in developing a transdermal micro needle patch system to deliver formulations of existing drugs through the skin for the treatment of a variety of indications. The Company’s lead product candidates include Weekly ZP-PTH for severe osteoporosis; ZP-Glucagon for severe hypoglycemia and ZP-Triptan, for migraine. ZosanoPharma Corporation is headquartered in Fremont, California.

Previous Day Activity Analysis

On the last trading day, ZosanoPharma Corporation (NASDAQ:ZSAN) opened the session at $1.1 and after going down -7.96% closed at $1.04. The stock lost -0.06 points in the last trade.

ZosanoPharma Corporation (NASDAQ:ZSAN)’s stock fluctuated in the range of $1.02 and $1.14 during the previous active session. ZosanoPharma Corporation (NASDAQ:ZSAN) traded with the volume of 1.8 Million with average volume of 764.23 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.11 and 60.2 respectively.

Currently the Insider Ownership of the shares of ZosanoPharma Corporation (NASDAQ:ZSAN) is at 0.8% and the shares outstanding are 42.6 Million.

Important Ratio Analysis

Some important ratios to consider here for ZosanoPharma Corporation (NASDAQ:ZSAN) are discussed below:

Dividend yield of ZosanoPharma Corporation (NASDAQ:ZSAN) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 0 and 0.74 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 0 correspondingly.

The Quick Ratio of ZosanoPharma Corporation (NASDAQ:ZSAN) stands at 4 while the Current Ratio depicts the value of 4.

Return on Assets ROA of ZosanoPharma Corporation (NASDAQ:ZSAN) is at -95.6% whereas, Return on Equity ROE and Return of Investment ROI of ZosanoPharma Corporation (NASDAQ:ZSAN) stand at -207.2% and 0% respectively.

Stock Performance Analysis

The stock performance of ZosanoPharma Corporation (NASDAQ:ZSAN) on the basis of 5 day trade show the jump of 22.64% whereas, the monthly performance of the stock shows increase of 10.39%.

The quarterly performance of the stock remained in red zone with the value of -21.21% while six month performance of the shares of ZosanoPharma Corporation (NASDAQ:ZSAN) remained bearish with the count of -32.03%.

The yearly and YTD performance of ZosanoPharma Corporation (NASDAQ:ZSAN) remained up at 48.57% and 33.33% respectively.