A new trading day began on Friday, with Zscaler Inc (NASDAQ: ZS) stock price up 3.10% from the previous day of trading, before settling in for the closing price of $205.61. ZS’s price has ranged from $153.45 to $259.61 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 48.57%. Meanwhile, its annual earnings per share averaged -6.24%. With a float of $94.61 million, this company’s outstanding shares have now reached $153.41 million.
The extent of productivity of a business whose workforce counts for 7348 workers is very important to gauge. In terms of profitability, gross margin is 77.88%, operating margin of -4.75%, and the pretax margin is -0.4%.
Zscaler Inc (ZS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Zscaler Inc is 38.31%, while institutional ownership is 48.86%. The most recent insider transaction that took place on Oct 09 ’24, was worth 260,740. In this transaction Chief Legal Officer of this company sold 1,435 shares at a rate of $181.70, taking the stock ownership to the 105,806 shares. Before that another transaction happened on Oct 09 ’24, when Company’s Officer proposed sale 1,435 for $176.93, making the entire transaction worth $253,895.
Zscaler Inc (ZS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -6.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.32% during the next five years compared to -10.72% drop over the previous five years of trading.
Zscaler Inc (NASDAQ: ZS) Trading Performance Indicators
Here are Zscaler Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.59. Likewise, its price to free cash flow for the trailing twelve months is 51.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 3.56 in one year’s time.
Technical Analysis of Zscaler Inc (ZS)
The latest stats from [Zscaler Inc, ZS] show that its last 5-days average volume of 4.42 million was superior to 2.06 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 61.62%. Additionally, its Average True Range was 7.46.
During the past 100 days, Zscaler Inc’s (ZS) raw stochastic average was set at 90.91%, which indicates a significant increase from 80.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.54% in the past 14 days, which was lower than the 46.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $192.81, while its 200-day Moving Average is $186.96. Now, the first resistance to watch is $216.00. This is followed by the second major resistance level at $220.01. The third major resistance level sits at $224.87. If the price goes on to break the first support level at $207.13, it is likely to go to the next support level at $202.26. The third support level lies at $198.25 if the price breaches the second support level.
Zscaler Inc (NASDAQ: ZS) Key Stats
With a market capitalization of 33.54 billion, the company has a total of 153,426K Shares Outstanding. Currently, annual sales are 2,168 M while annual income is -57,710 K. The company’s previous quarter sales were 592,870 K while its latest quarter income was -14,880 K.
