On Tuesday, Zoom Video Communications Inc (NASDAQ: ZM) was 2.93% up from the session before settling in for the closing price of $75.54. A 52-week range for ZM has been $55.06 – $76.03.
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Annual sales at Technology sector company grew by 95.81% over the past five years. When this article was written, the company’s average yearly earnings per share was at -15.87%. With a float of $261.57 million, this company’s outstanding shares have now reached $307.79 million.
Let’s look at the performance matrix of the company that is accounted for 7420 employees. In terms of profitability, gross margin is 74.56%, operating margin of 17.8%, and the pretax margin is 24.49%.
Zoom Video Communications Inc (ZM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Zoom Video Communications Inc stocks. The insider ownership of Zoom Video Communications Inc is 15.02%, while institutional ownership is 58.65%. The most recent insider transaction that took place on Nov 05 ’24, was worth 22,214,264. Before that another transaction happened on Oct 29 ’24, when Company’s Director sold 12,500 for $75.04, making the entire transaction worth $937,995. This insider now owns 1,514 shares in total.
Zoom Video Communications Inc (ZM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -15.87% per share during the next fiscal year.
Zoom Video Communications Inc (NASDAQ: ZM) Trading Performance Indicators
You can see what Zoom Video Communications Inc (ZM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.22. Likewise, its price to free cash flow for the trailing twelve months is 13.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.79, a number that is poised to hit 1.31 in the next quarter and is forecasted to reach 4.62 in one year’s time.
Technical Analysis of Zoom Video Communications Inc (ZM)
Zoom Video Communications Inc (NASDAQ: ZM) saw its 5-day average volume 1.96 million, a negative change from its year-to-date volume of 3.22 million. As of the previous 9 days, the stock’s Stochastic %D was 92.25%. Additionally, its Average True Range was 1.53.
During the past 100 days, Zoom Video Communications Inc’s (ZM) raw stochastic average was set at 99.56%, which indicates a significant increase from 98.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.60% in the past 14 days, which was lower than the 30.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $69.89, while its 200-day Moving Average is $64.18. Nevertheless, the first resistance level for the watch stands at $78.49 in the near term. At $79.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $80.62. If the price goes on to break the first support level at $76.36, it is likely to go to the next support level at $74.98. The third support level lies at $74.23 if the price breaches the second support level.
Zoom Video Communications Inc (NASDAQ: ZM) Key Stats
There are 307,789K outstanding shares of the company, which has a market capitalization of 23.93 billion. As of now, sales total 4,527 M while income totals 637,460 K. Its latest quarter income was 1,163 M while its last quarter net income were 219,020 K.
