$7.51M in average volume shows that ZoomInfo Technologies Inc (ZI) is heading in the right direction

ZoomInfo Technologies Inc (NASDAQ: ZI) on Friday, soared 2.53% from the previous trading day, before settling in for the closing price of $11.05. Within the past 52 weeks, ZI’s price has moved between $7.65 and $19.39.

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Technology Sector giant saw their annual sales surged by 56.47% over the last five years. The company achieved an average annual earnings per share of -13.11%. With a float of $288.47 million, this company’s outstanding shares have now reached $384.83 million.

The firm has a total of 3516 workers. Let’s measure their productivity. In terms of profitability, gross margin is 84.18%, operating margin of 12.76%, and the pretax margin is 21.98%.

ZoomInfo Technologies Inc (ZI) Insider Activity

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of ZoomInfo Technologies Inc is 21.03%, while institutional ownership is 77.66%. The most recent insider transaction that took place on Oct 01 ’24, was worth 47,065,239. Before that another transaction happened on Oct 01 ’24, when Company’s Stockholder proposed sale 4,487,513 for $10.43, making the entire transaction worth $46,804,761.

ZoomInfo Technologies Inc (ZI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -13.11% per share during the next fiscal year.

ZoomInfo Technologies Inc (NASDAQ: ZI) Trading Performance Indicators

ZoomInfo Technologies Inc (ZI) is currently performing well based on its current performance indicators. A quick ratio of 0.97 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.44. Likewise, its price to free cash flow for the trailing twelve months is 10.32.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.04, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 0.96 in one year’s time.

Technical Analysis of ZoomInfo Technologies Inc (ZI)

Analysing the last 5-days average volume posted by the [ZoomInfo Technologies Inc, ZI], we can find that recorded value of 5.54 million was lower than the volume posted last year of 6.61 million. As of the previous 9 days, the stock’s Stochastic %D was 78.35%. Additionally, its Average True Range was 0.37.

During the past 100 days, ZoomInfo Technologies Inc’s (ZI) raw stochastic average was set at 68.15%, which indicates a significant decrease from 92.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.15% in the past 14 days, which was lower than the 54.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.18, while its 200-day Moving Average is $12.98. Now, the first resistance to watch is $11.53. This is followed by the second major resistance level at $11.73. The third major resistance level sits at $12.01. If the price goes on to break the first support level at $11.04, it is likely to go to the next support level at $10.76. Should the price break the second support level, the third support level stands at $10.56.

ZoomInfo Technologies Inc (NASDAQ: ZI) Key Stats

Market capitalization of the company is 4.24 billion based on 365,280K outstanding shares. Right now, sales total 1,240 M and income totals 107,300 K. The company made 291,500 K in profit during its latest quarter, and -24,400 K in sales during its previous quarter.