Zoom Video Communications Inc. (NASDAQ:ZM) previous close was $329.79 while the outstanding shares total 287.72M. The firm has a 12-month trailing P/E ratio of 143.91, and a growth ratio of 8.44. ZM’s shares traded lower over the last trading session, losing -2.03% on 04/07/21. The shares fell to a low of $319.23 before closing at $323.08. Intraday shares traded counted 4.12 million, which was 22.19% higher than its 30-day average trading volume of 5.30M. The stock’s Relative Strength Index (RSI) is 44.32, with weekly volatility at 4.32% and ATR at 20.02. The ZM stock’s 52-week price range has touched low of $109.57 and a $588.84 high.
Investors have identified the Telecom Services company Zoom Video Communications Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $93.46 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Zoom Video Communications Inc. (ZM) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 4.79 billion total, with 1.26 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 2.41 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ZM sounds very interesting.
Is the stock of ZM attractive?
In related news, Chief Operating Officer, Bawa Aparna sold 2,593 shares of the company’s stock in a transaction that recorded on Apr 05. The sale was performed at an average price of 320.05, for a total value of 829,894. As the sale deal closes, the Chief Revenue Officer, Azus Ryan now sold 6,250 shares of the company’s stock, valued at 2,022,999. Also, Chief Operating Officer, Bawa Aparna sold 2,593 shares of the company’s stock in a deal that was recorded on Mar 22. The shares were price at an average price of 329.48 per share, with a total market value of 854,337. Following this completion of acquisition, the Chief Financial Officer, Steckelberg Kelly now holds 6,700 shares of the company’s stock, valued at 2,207,127. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
10 out of 28 analysts covering the stock have rated it a Buy, while 14 have maintained a Hold recommendation on Zoom Video Communications Inc.. 2 analysts has assigned a Sell rating on the ZM stock. The 12-month mean consensus price target for the company’s shares has been set at $471.63.