zSpace (NASDAQ:ZSPC) Receives Outperform Rating from Barrington Research

zSpace (NASDAQ:ZSPC)‘s stock had its “outperform” rating restated by research analysts at Barrington Research in a note issued to investors on Monday,Benzinga reports. They currently have a $11.00 target price on the stock, down from their previous target price of $18.00. Barrington Research’s target price points to a potential upside of 39.77% from the stock’s previous close.

A number of other analysts also recently issued reports on ZSPC. Northland Securities upgraded shares of zSpace from a “market perform” rating to an “outperform” rating and decreased their price objective for the stock from $20.00 to $10.00 in a report on Monday. Northland Capmk upgraded zSpace to a “hold” rating in a research report on Wednesday, February 19th. Roth Mkm assumed coverage on shares of zSpace in a research note on Monday, February 3rd. They set a “buy” rating and a $20.00 price target on the stock. Finally, Roth Capital set a $20.00 price target on shares of zSpace in a research report on Monday, February 3rd. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, zSpace has a consensus rating of “Buy” and an average price target of $15.25.

zSpace Stock Performance

Shares of NASDAQ:ZSPC traded down $0.32 during trading on Monday, reaching $7.87. The stock had a trading volume of 24,732 shares, compared to its average volume of 90,382. zSpace has a 52 week low of $5.25 and a 52 week high of $32.69. The business’s fifty day moving average is $14.32.

Institutional Trading of zSpace

A hedge fund recently bought a new stake in zSpace stock. Jane Street Group LLC bought a new position in zSpace, Inc. (NASDAQ:ZSPC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,621 shares of the company’s stock, valued at approximately $359,000. Jane Street Group LLC owned about 0.10% of zSpace at the end of the most recent quarter.

zSpace Company Profile

zSpace Technologies, Inc is a provider of commercial augmented reality and virtual reality technology principally in the education market. The Company offers differentiated hardware along with learning software modules for K-12 science, technology, engineering, game design and mathematics applications, as well as workforce-oriented career and technical education applications.