A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Zoom Communications Inc’s current trading price is -14.01% away from its 52-week high, while its distance from the 52-week low is 44.93%. The stock’s price range for this time frame has been between $55.06 and $92.80. The trading volume of the company’s shares in the Technology reached around 1.67 million for the day, which was evidently lower than the average daily volume of 2.48 million over the last three months.
Zoom Communications Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $92.80 on 11/25/24, and the lowest price during the same period was recorded at $55.06 on 08/12/24.
How Financial Performance Impacts Market Capitalization
Zoom Communications Inc (ZM) has experienced a quarterly rise of 6.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.14B and boasts a workforce of 7412 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How ZM’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 ZM stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
ZM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 34.77%. However, over the past six months, we’ve seen a stronger performance of -3.54%. The price of ZM leaped by -1.46% over the last 30 days. And in the last five days, it has surged by 3.69%.
