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ZoomInfo Technologies Inc. (NASDAQ:ZI): The Fundamentals Have Changed

ZoomInfo Technologies Inc. (NASDAQ:ZI) shares fell to a low of $39.13 before closing at $40.20. Intraday shares traded counted 3.43 million, which was -56.61% lower than its 30-day average trading volume of 2.19M. ZI’s previous close was $39.71 while the outstanding shares total 178.80M. The stock’s Relative Strength Index (RSI) is 29.86, with weekly volatility at 7.63% and ATR at 2.63. The ZI stock’s 52-week price range has touched low of $30.83 and a $64.40 high. The stock traded higher over the last trading session, gaining 1.23% on 05/14/21.

Investors have identified the Software – Application company ZoomInfo Technologies 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 $15.54 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.

ZoomInfo Technologies Inc. (ZI) 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 485.5 million total, with 348.2 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 0.43 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 ZI sounds very interesting.

Is the stock of ZI attractive?

In related news, 10% Owner, Brown Kirk Norman sold 240,050 shares of the company’s stock in a transaction that recorded on May 06. The sale was performed at an average price of 45.39, for a total value of 10,896,391. As the sale deal closes, the 10% Owner, DO Holdings (WA), LLC now sold 240,050 shares of the company’s stock, valued at 10,896,391. Also, 10% Owner, Brown Kirk Norman sold 253,950 shares of the company’s stock in a deal that was recorded on May 05. The shares were price at an average price of 47.02 per share, with a total market value of 11,939,712. Following this completion of acquisition, the 10% Owner, DO Holdings (WA), LLC now holds 253,950 shares of the company’s stock, valued at 11,939,712. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.82%.

13 out of 18 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on ZoomInfo Technologies Inc.. 0 analysts has assigned a Sell rating on the ZI stock. The 12-month mean consensus price target for the company’s shares has been set at $64.18.

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