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Zoned Properties Reduces Board Size to Four Members

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Zoned Properties Reduces Board Size to Four Members

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An update from Zoned Properties ( (ZDPY) ) is now available.

On April 23, 2025, Zoned Properties, Inc. announced a strategic decision to reduce the size of its Board of Directors from seven to four members, aiming to lower compensation expenses. The resignations of Alex McLaren, Derek Overstreet, and Jody Kane were not due to any disagreements with the company. This restructuring is expected to streamline operations and potentially enhance governance efficiency.

Spark’s Take on ZDPY Stock

According to Spark, TipRanks’ AI Analyst, ZDPY is a Outperform.

Zoned Properties scores well due to its strong financial performance, highlighted by impressive revenue growth and profitability, and a stable balance sheet with no debt. Technical analysis shows short-term upward momentum, although long-term trends warrant caution. The valuation indicates potential undervaluation, making it attractive to value investors. The absence of a dividend is a possible drawback for some investors.

To see Spark’s full report on ZDPY stock, click here.

More about Zoned Properties

YTD Price Performance: -17.33%

Average Trading Volume: 3,612

Technical Sentiment Signal: Buy

Current Market Cap: $4.35M

See more insights into ZDPY stock on TipRanks’ Stock Analysis page.

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