Zoom Video Communications Inc (NASDAQ: ZM) kicked off on Monday, up 0.15% from the previous trading day, before settling in for the closing price of $59.45. Over the past 52 weeks, ZM has traded in a range of $58.87-$75.90.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 95.81%. While this was happening, its average annual earnings per share was recorded -5.51%. With a float of $233.03 million, this company’s outstanding shares have now reached $260.90 million.
Considering the fact that the conglomerate employs 7420 people, you should pay attention to its efficiency factor.
Zoom Video Communications Inc (ZM) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Zoom Video Communications Inc is 24.23%, while institutional ownership is 56.86%. The most recent insider transaction that took place on Apr 18 ’24, was worth 1,322,027. In this transaction Chief Operating Officer of this company sold 21,968 shares at a rate of $60.18, taking the stock ownership to the 1,978 shares. Before that another transaction happened on Apr 17 ’24, when Company’s Chief Financial Officer sold 5,007 for $59.36, making the entire transaction worth $297,203. This insider now owns 0 shares in total.
Zoom Video Communications Inc (ZM) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 1/31/2024, the organization reported 1.16 earnings per share (EPS), higher than consensus estimate (set at 0.99) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.51% per share during the next fiscal year.
Zoom Video Communications Inc (NASDAQ: ZM) Trading Performance Indicators
Take a look at Zoom Video Communications Inc’s (ZM) current performance indicators. Last quarter, stock had a quick ratio of 4.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.04. Likewise, its price to free cash flow for the trailing twelve months is 12.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.05, a number that is poised to hit 1.19 in the next quarter and is forecasted to reach 5.03 in one year’s time.
Technical Analysis of Zoom Video Communications Inc (ZM)
Compared to the last year’s volume of 3.33 million, its volume of 2.79 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.60%. Additionally, its Average True Range was 1.43.
During the past 100 days, Zoom Video Communications Inc’s (ZM) raw stochastic average was set at 4.15%, which indicates a significant decrease from 11.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.29% in the past 14 days, which was lower than the 29.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.78, while its 200-day Moving Average is $66.96. Nevertheless, the first resistance level for the watch stands at $60.11 in the near term. At $60.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $61.30. If the price goes on to break the first support level at $58.92, it is likely to go to the next support level at $58.31. Now, if the price goes above the second support level, the third support stands at $57.73.
Zoom Video Communications Inc (NASDAQ: ZM) Key Stats
The company with the Market Capitalisation of 18.31 billion has total of 307,560K Shares Outstanding. Its annual sales at the moment are 4,527 M in contrast with the sum of 637,460 K annual income. Company’s last quarter sales were recorded 1,146 M and last quarter income was 298,830 K.
