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Company’s Banking Shares: Up -43.94% from 52-Week Low, But Can the Momentum Hold?

ZoomInfo Technologies Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $18.69 on 02/14/24 and a low of $7.65 for the same time frame on 08/06/24.

52-week price history of ZI Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. ZoomInfo Technologies Inc’s current trading price is -43.94% away from its 52-week high, while its distance from the 52-week low is 36.99%. The stock’s price range during the 52-week period has remained between $7.65 and $18.69. In the Technology sector, the company’s shares saw a trading volume of around 12.46 million for the day, which was evidently higher than the average daily volume of 8.72 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

ZoomInfo Technologies Inc (ZI) has experienced a quarterly rise of 5.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.66B and boasts a workforce of 3516 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 10.43, with a change in price of +1.27. Similarly, ZoomInfo Technologies Inc recorded 7,673,794 in trading volume during the last 100 days, posting a change of +13.79%.

Examining ZI’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ZI stands at 0.82. Similarly, the long-term debt-to-equity ratio is also 0.81.

ZI Stock Stochastic Average

ZoomInfo Technologies Inc’s raw stochastic average for the past 50 days is presently 24.81%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 17.49%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 20.46% and 19.99%, respectively.

ZI Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price loss of -0.29% this year. Over the last six months, there has been a stronger performance of -11.93%. The price of ZI leaped by -6.43% during the last 30 days period. For the last 5-days stocks have slided -1.69%.

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