ZAIS Group Holdings (ZAIS) Shares are Up 8.49%

ZAIS Group Holdings (ZAIS) : Traders are bullish on ZAIS Group Holdings (ZAIS) as it has outperformed the S&P 500 by a wide margin of 7.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.31%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.49% in the last 1 week, and is up 6.98% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 6.15% and the 50-Day Moving Average is 7.46%.The 200 Day SMA reached 42.95%


ZAIS Group Holdings (NASDAQ:ZAIS): After opening at $2.16, the stock dipped to an intraday low of $2.01 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $3.2 and the buying power remained strong till the end. The stock closed at $2.3 for the day, a gain of 3.14% for the day session. The total traded volume was 1,638,796. The stocks close on the previous trading day was $2.3.

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