Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Zillow Group Inc’s current trading price is -21.95% away from its 52-week high, while its distance from the 52-week low is 41.15%. The stock’s price range during this period has varied between $33.80 and $61.13. The company, active in the Communication Services sector, saw a trading volume of around 23.31 million for the day, considerably higher average daily volume of 3.62 million observed over the last three months.
Zillow Group Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $61.13 on 02/14/24, and the lowest price during the same period was recorded at $33.80 on 11/02/23.
How Financial Performance Impacts Market Capitalization
Zillow Group Inc (Z) has experienced a quarterly decline of -8.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.12B and boasts a workforce of 6263 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 50.09, with a change in price of +8.75. Similarly, Zillow Group Inc recorded 4,082,264 in trading volume during the last 100 days, posting a change of +22.46%.
How Z’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for Z stands at 0.40. Similarly, the long-term debt-to-equity ratio is also 0.24.
Z Stock Stochastic Average
As of today, the raw stochastic average of Zillow Group Inc over the past 50 days is 9.69%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 11.60%. Additionally, the Stochastic %K and %D values for the company were 29.54% and 38.61%, respectively, over the past 20 days.
Z Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -17.54%.However, over the last six months, we can see a stronger performance of -2.25%. Over the last 30 days, the price of Z has leaped by -17.83%. And in the last five days, it has fallen by -17.57%.
