(ZONE) CleanCore Solutions - Ratings and Ratios

CleanCore Solutions, Inc. (ZONE) is a US-based company that develops and markets innovative cleaning products utilizing pure aqueous ozone for various industries, including professional, industrial, and residential sectors. Their product portfolio encompasses a range of solutions, including fill stations, power caddies, ice treatment machines, and sanitizing tablets, catering to janitorial, sanitation, laundry, and industrial cleaning needs.

As a relatively new company, incorporated in 2022 and rebranded from CC Acquisition Corp. in November 2022, CleanCore Solutions is headquartered in Omaha, Nebraska. With a focus on eco-friendly cleaning solutions, the company is poised to capitalize on the growing demand for sustainable products. Their website (https://www.cleancoresol.com) provides further information on their offerings.

Analyzing the available and , we can observe that ZONEs stock has shown some volatility, with an Average True Range (ATR) of 0.15, representing a 9.33% fluctuation. The stock price is currently at $1.57, slightly above its 20-day Simple Moving Average (SMA20) of $1.55. The 50-day SMA and 200-day SMA stand at $1.30 and $1.39, respectively, indicating a potential bullish trend. With a Market Cap of $14.79M USD and no reported P/E ratio, the companys financials warrant closer examination.

Based on the available data, a forecast for ZONEs stock price could be constructed by analyzing the trends and patterns in the . Considering the SMA20, SMA50, and SMA200, a potential target price could be estimated. Assuming a continued bullish trend, the stock price may reach $2.00 in the near term, representing a 27% increase from the current price. However, this forecast is contingent upon the companys ability to deliver on its growth prospects and improve its financials, particularly its Return on Equity (RoE), which currently stands at -137.04.

To validate this forecast, further analysis of CleanCore Solutions financial statements, product pipeline, and market trends is necessary. A thorough examination of the companys competitive landscape, management team, and industry outlook would provide a more comprehensive understanding of its growth potential. As a Trading Analyst, it is essential to continually monitor and reassess the available data to refine this forecast and make informed investment decisions.