Zscaler Inc (ZS) volume hits 1.66 million: A New Opening for Investors

NFTs Stocks

Zscaler Inc (NASDAQ: ZS) open the trading on Thursday, with great promise as it jumped 0.01% to $172.97, before settling in for the price of $172.96 at the close. Taking a more long-term approach, ZS posted a 52-week range of $84.93-$259.61.

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It was noted that the giant of the Technology sector posted annual sales growth of 53.60% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -17.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 54.58%. This publicly-traded company’s shares outstanding now amounts to $147.17 million, simultaneously with a float of $89.21 million. The organization now has a market capitalization sitting at $25.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $208.77, while the 200-day Moving Average is $185.82.

Zscaler Inc (ZS) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Infrastructure industry. Zscaler Inc’s current insider ownership accounts for 40.47%, in contrast to 45.56% institutional ownership. According to the most recent insider trade that took place on Mar 19 ’24, this organization’s Chief Legal Officer sold 5,484 shares at the rate of 193.88, making the entire transaction reach 1,063,224 in total value, affecting insider ownership by 118,494. Preceding that transaction, on Mar 18 ’24, Company’s Chief Financial Officer sold 7,707 for 193.15, making the whole transaction’s value amount to 1,488,579. This particular insider is now the holder of 255,943 in total.

Zscaler Inc (ZS) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 403.11 per share during the current fiscal year.

Zscaler Inc’s EPS increase for this current 12-month fiscal period is 54.58% and is forecasted to reach 3.29 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 38.21% through the next 5 years, which can be compared against the -17.41% growth it accomplished over the previous five years trading on the market.

Zscaler Inc (NASDAQ: ZS) Trading Performance Indicators

Let’s observe the current performance indicators for Zscaler Inc (ZS). It’s Quick Ratio in the last reported quarter now stands at 1.90. The Stock has managed to achieve an average true range (ATR) of 5.69. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 13.68. Similarly, its price to free cash flow for trailing twelve months is now 51.77.

In the same vein, ZS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.94, a figure that is expected to reach 0.65 in the next quarter, and analysts are predicting that it will be 3.29 at the market close of one year from today.

Technical Analysis of Zscaler Inc (ZS)

[Zscaler Inc, ZS] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 3.85% While, its Average True Range was 5.07.

Raw Stochastic average of Zscaler Inc (ZS) in the period of the previous 100 days is set at 0.30%, which indicates a major fall in contrast to 1.23% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 23.92% that was lower than 42.85% volatility it exhibited in the past 100-days period.