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. Zscaler Inc’s current trading price is -1.35% away from its 52-week high, while its distance from the 52-week low is 97.22%. The stock’s price range during this period has varied between $153.45 and $306.77. The company, active in the Technology sector, saw a trading volume of around 0.75 million for the day, considerably lower average daily volume of 2.63 million observed over the last three months.
Zscaler Inc’s stock has had a calm market performance.
How Financial Performance Impacts Market Capitalization
Zscaler Inc (ZS) has experienced a quarterly rise of 52.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 47.12B and boasts a workforce of 7348 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How ZS’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 ZS stands at 0.68. Similarly, the long-term debt-to-equity ratio is also 0.02.
ZS 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 gain of 67.75%.However, over the last six months, we can see a weaker performance of 50.27%. Over the last 30 days, the price of ZS has fallen by 23.80%. And in the last five days, it has fallen by -0.13%.
