ParaZero Technologies (NASDAQ:PRZO) Stock Rating Upgraded by Wall Street Zen

ParaZero Technologies (NASDAQ:PRZO) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of ParaZero Technologies in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

ParaZero Technologies Price Performance

Shares of PRZO opened at $0.78 on Friday. The stock’s 50 day moving average is $1.13 and its two-hundred day moving average is $1.30. ParaZero Technologies has a twelve month low of $0.53 and a twelve month high of $2.15.

ParaZero Technologies (NASDAQ:PRZO) last issued its earnings results on Thursday, March 26th. The company reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $0.34 million for the quarter.

About ParaZero Technologies

ParaZero Technologies (NASDAQ:PRZO) is a provider of safety and risk mitigation systems for unmanned aerial vehicles (UAVs). The company develops integrated flight termination and parachute deployment solutions designed to protect people, property and aircraft in the event of drone failures. Its flagship SafeAir™ product line features automated detection of loss-of-control scenarios, rapid parachute deployment and motor-kill capabilities, enabling safer operations across a range of commercial, industrial and defense applications.

Founded in 2016 and headquartered in Israel, ParaZero has expanded its footprint through partnerships and a network of authorized distributors in North America, Europe and Asia-Pacific.