Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Zoom Video Communications Inc’s current trading price is -15.88% away from its 52-week high, while its distance from the 52-week low is 8.46%. The stock’s price range over this period has fluctuated between $58.87 and $75.90. The company, operating within the financial sector, had a trading volume of approximately 3.28 million for the day, which was noticeably lower than the average daily share volume of 3.48 million over the last 3 months.
The market performance of Zoom Video Communications Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $75.90 on 09/05/23, while the lowest value for the same duration was $58.87 on 10/26/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zoom Video Communications Inc (ZM) has experienced a quarterly decline of -6.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.64B and boasts a workforce of 7420 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 67.27, with a change in price of +2.31. Similarly, Zoom Video Communications Inc recorded 3,919,487 in trading volume during the last 100 days, posting a change of +3.75%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ZM stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
ZM Stock Stochastic Average
Today, Zoom Video Communications Inc’s raw stochastic average for the past 50 days stands at 33.24%, indicating a rise from the raw stochastic average of the last 20 days, which was 24.24%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 14.36% and 8.43% respectively.
ZM Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -11.21%. However, over the past six months, we’ve seen a stronger performance of -2.49%. The price of ZM leaped by -4.93% over the last 30 days. And in the last five days, it has surged by 0.11%.
