Zoom Video Communications Inc (NASDAQ: ZM) started the day on Wednesday, with a price decrease of -1.06% at $60.40, before settling in for the price of $61.05 at the close. Taking a more long-term approach, ZM posted a 52-week range of $55.63-$75.90.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 95.81%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -15.87%. This publicly-traded company’s shares outstanding now amounts to $309.25 million, simultaneously with a float of $263.04 million. The organization now has a market capitalization sitting at $18.68 billion. At the time of writing, stock’s 50-day Moving Average stood at $59.77, while the 200-day Moving Average is $63.99.
Zoom Video Communications Inc (ZM) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Zoom Video Communications Inc’s current insider ownership accounts for 14.94%, in contrast to 58.31% institutional ownership. According to the most recent insider trade that took place on Jul 24 ’24, this organization’s Chief Financial Officer sold 5,007 shares at the rate of 58.64, making the entire transaction reach 293,612 in total value, affecting insider ownership by 0. Preceding that transaction, on Jul 18 ’24, Company’s Chief Operating Officer sold 10,332 for 56.81, making the whole transaction’s value amount to 586,964. This particular insider is now the holder of 1,978 in total.
Zoom Video Communications Inc (ZM) Earnings and Revenue Records
Zoom Video Communications Inc’s EPS decrease for this current 12-month fiscal period is -15.87% and is forecasted to reach 4.62 in the upcoming year.
Zoom Video Communications Inc (NASDAQ: ZM) Trading Performance Indicators
Let’s observe the current performance indicators for Zoom Video Communications Inc (ZM). It’s Quick Ratio in the last reported quarter now stands at 4.36. The Stock has managed to achieve an average true range (ATR) of 1.31. Alongside those numbers, its PE Ratio stands at $22.46, and its Beta score is -0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.09. Similarly, its price to free cash flow for trailing twelve months is now 11.36.
In the same vein, ZM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.69, a figure that is expected to reach 1.21 in the next quarter, and analysts are predicting that it will be 4.62 at the market close of one year from today.
Technical Analysis of Zoom Video Communications Inc (ZM)
If we take a close look at the recent performances of Zoom Video Communications Inc (NASDAQ: ZM), its last 5-days Average volume was 2.35 million that shows plunge from its year to date volume of 3.24 million. During the previous 9 days, stock’s Stochastic %D was recorded 79.46% While, its Average True Range was 1.33.
Raw Stochastic average of Zoom Video Communications Inc (ZM) in the period of the previous 100 days is set at 31.93%, which indicates a major fall in contrast to 68.30% 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 18.64% that was lower than 23.45% volatility it exhibited in the past 100-days period.
