Zapp good stock to buy at 1.98

**Zapp Electric Vehicles Group Limited (ZAPP) is not a good stock to buy at $1.98 per share based on the following analysis**:

1. **Financial Performance**: Zapp Electric Vehicles Group Limited has not reported net income or earnings per share (EPS) for the most recent quarter. This lack of recent financial information makes it difficult to assess the company's current financial health and future growth potential.
2. **Stock Performance**: Zapp Electric Vehicles Group Limited's stock has experienced significant volatility, with a high 10-day moving average of $2.39 and a 50-day moving average of $2.14 as of June 13, 2024. The stock has also seen a high trading volume, which could indicate high risk or potential for short-term gains.
3. **Industry and Competition**: The electric vehicle industry is highly competitive, and Zapp Electric Vehicles Group Limited operates in a niche market segment. The company's success will depend on its ability to differentiate itself from competitors and gain market share.
4. **Market Conditions**: The overall market conditions for electric vehicles are favorable, with increasing demand and government incentives supporting the growth of the industry. However, this does not guarantee the success of individual companies within the sector.
5. **Investor Sentiment**: Investor sentiment towards Zapp Electric Vehicles Group Limited is mixed, with some analysts recommending a hold or sell due to concerns over valuation and potential overperformance. This suggests that while there may be some optimism about the company's future, there are also significant risks to consider.

In conclusion, while Zapp Electric Vehicles Group Limited may offer potential for growth in the electric vehicle market, the lack of recent financial information, high volatility, competitive landscape, and mixed analyst sentiment make it difficult to recommend buying the stock at $1.98 per share. Investors should conduct thorough due diligence and consider their risk tolerance before making an investment decision.