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. Zscaler Inc’s current trading price is -21.16% away from its 52-week high, while its distance from the 52-week low is 33.39%. The stock’s price range over this period has fluctuated between $153.45 and $259.61. The company, operating within the financial sector, had a trading volume of approximately 2.83 million for the day, which was noticeably higher than the average daily share volume of 1.77 million over the last 3 months.
Zscaler Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $259.61 on 02/09/24, while the lowest price for the same period was registered at $153.45 on 09/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zscaler Inc (ZS) has experienced a quarterly rise of 11.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.41B and boasts a workforce of 7348 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 187.89, with a change in price of +11.49. Similarly, Zscaler Inc recorded 1,880,467 in trading volume during the last 100 days, posting a change of +5.95%.
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 ZS stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.03.
ZS Stock Stochastic Average
Today, Zscaler Inc’s raw stochastic average for the past 50 days stands at 66.02%, indicating a decline from the raw stochastic average of the last 20 days, which was 96.56%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 79.79% and 81.57% respectively.
ZS Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 13.45% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 12.86%. Over the past 30 days, the price of ZS has fallen by 9.30%. And in the last five days, it has surged by 6.71%.
