The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Zscaler Inc’s current trading price is -20.05% away from its 52-week high, while its distance from the 52-week low is 35.26%. The stock’s price range for this period has been between $153.45 and $259.61 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 0.67 million for the day, a number notably lower than the average daily volume of 1.8 million over the last three months.
Zscaler Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $259.61 on 02/09/24, while the lowest value for the same period was recorded 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 11.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.85B 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 191.26, with a change in price of +37.51. Similarly, Zscaler Inc recorded 1,654,868 in trading volume during the last 100 days, posting a change of +22.06%.
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
As of today, Zscaler Inc’s raw stochastic average for the last 50 days stands at 75.72%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 90.13%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 87.77% and 84.45%, respectively.
ZS 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. Until today this year the stock’s price performance recorded an increase of 15.04%. However, over the last six months, the performance has been weaker by 24.88%. The price of ZS increased 12.86% over the last 30 days. And in the last five days, it has surged by 2.45%.