ZAPP Stock Summary and Trading Ideas (Zapp Electric Vehicles Group Limited - | NASDAQ:ZAPP)

Zapp Electric Vehicles Group Ltd designs manufactures, and sells high-performance electric vehicles, including maintenance and repair of electric vehicles and related parts and accessories. Companies founders are automotive professionals from all over the world who share a commitment to sustainability, a long passion for electric vehicles, motorcycles, and believe in the choice of personal urban mobility. The company operates in Cayman Islands, Europe, Thailand. Maximum of revenue is from Thailand.

Zapp Electric Vehicles Group Limited - trades on the NASDAQ stock market under the symbol ZAPP.

As of April 17, 2025, ZAPP stock price climbed to $0.57 with 49,882 million shares trading.

ZAPP has a beta of 1.73, meaning it tends to be more sensitive to market movements. ZAPP has a correlation of 0.02 to the broad based SPY ETF.

ZAPP has a market cap of $4.46 million. This is considered a Sub-Micro Cap stock.

ZAPP has underperformed the market in the last year with a price return of -88.6% while the SPY ETF gained +6.0%. ZAPP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -48.5% and -19.6%, respectively, while the SPY returned -10.7% and -6.8%, respectively.

ZAPP support price is $.52 and resistance is $.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ZAPP shares will trade within this expected range on the day.