Zedge Inc Stock Today

ZDGE Stock  USD 3.18  0.08  2.58%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Zedge is trading at 3.18 as of the 21st of September 2024, a 2.58 percent increase since the beginning of the trading day. The stock's lowest day price was 3.07. Zedge has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Zedge Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2022 and ending today, the 21st of September 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
26th of May 2016
Category
Communication Services
Zedge, Inc. operates a digital publishing and content platform worldwide. The company was incorporated in 2008 and is based in New York, New York. Zedge Inc operates under Internet Content Information classification in the United States and is traded on AMEX Exchange. The company has 13.95 M outstanding shares of which 21.67 K shares are at this time shorted by private and institutional investors with about 0.24 trading days to cover. More on Zedge Inc

Moving against Zedge Stock

  0.38FAZEW FaZe HoldingsPairCorr
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Follow Valuation Options Odds of Bankruptcy
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Zedge Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentJonathan Reich
Thematic IdeaCommunication Services (View all Themes)
Business ConcentrationInteractive Media & Services, Internet Content & Information, Communication Services, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.880.67
Significantly Up
Slightly volatile
Gross Profit Margin0.70.83
Fairly Down
Pretty Stable
Total Current Liabilities3.5 M6.6 M
Way Down
Slightly volatile
Non Current Liabilities Total2.7 M2.5 M
Sufficiently Up
Slightly volatile
Total Assets56.5 M53.9 M
Sufficiently Up
Slightly volatile
Total Current Assets26.1 M24.8 M
Sufficiently Up
Slightly volatile
Debt Levels
Zedge can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Zedge's financial leverage. It provides some insight into what part of Zedge's total assets is financed by creditors.
Liquidity
Zedge Inc currently holds 1.99 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Zedge Inc has a current ratio of 1.43, which is within standard range for the sector. Note, when we think about Zedge's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

858,532
Zedge Inc (ZDGE) is traded on NYSE MKT Exchange in USA. It is located in 1178 Broadway, New York, NY, United States, 10001 and employs 100 people. Zedge is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 44.86 M. Zedge Inc conducts business under Interactive Media & Services sector and is part of Communication Services industry. The entity has 13.95 M outstanding shares of which 21.67 K shares are at this time shorted by private and institutional investors with about 0.24 trading days to cover. Zedge Inc currently holds about 17.09 M in cash with 3.16 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.14.
Check Zedge Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Zedge Inc is $44.86 Million. Zedge Inc maintains 15.73 (%) of its outstanding shares held by insiders and 15.63 (%) owned by institutional investors. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Zedge Ownership Details

Zedge Historical Income Statement

At present, Zedge's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 32.9 M, whereas Operating Income is projected to grow to (5.9 M). View More Fundamentals

Zedge Stock Against Markets

Zedge Corporate Management

Joyce EsqCorporate SecretaryProfile
Yi TsaiCFO TreasurerProfile
Michael JonasExecutive BoardProfile
Tim QuirkVP MarketplaceProfile

Already Invested in Zedge Inc?

The danger of trading Zedge Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Zedge is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Zedge. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Zedge Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Information and Resources on Investing in Zedge Stock

When determining whether Zedge Inc is a strong investment it is important to analyze Zedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zedge. If investors know Zedge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zedge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
(0.64)
Revenue Per Share
2.083
Quarterly Revenue Growth
0.139
Return On Assets
0.0067
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zedge's market value can be influenced by many factors that don't directly affect Zedge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.