Zscaler Inc. (NASDAQ:ZS) Relative Strength Index (RSI) is 36.29, with weekly volatility at 5.54% and ATR at 7.85. The ZS stock’s 52-week price range has touched low of $69.83 and a $230.88 high. Intraday shares traded counted 1.37 million, which was 29.53% higher than its 30-day average trading volume of 1.95M. Its shares traded lower over the last trading session, losing -1.25% on 05/17/21. The shares fell to a low of $161.63 before closing at $163.28. ZS’s previous close was $165.34 while the outstanding shares total 135.02M.
Investors have identified the Software – Infrastructure company Zscaler 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 $21.60 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.
Zscaler Inc. (ZS) 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 1.68 billion total, with 501.57 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -1.76 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 ZS sounds very interesting.
Is the stock of ZS attractive?
In related news, President of R&D and CTO, Sinha Amit sold 7,000 shares of the company’s stock in a transaction that recorded on May 13. The sale was performed at an average price of 161.91, for a total value of 1,133,375. As the sale deal closes, the Director, BLASING KAREN now sold 1,500 shares of the company’s stock, valued at 249,504. Also, President of R&D and CTO, Sinha Amit sold 7,000 shares of the company’s stock in a deal that was recorded on Apr 29. The shares were price at an average price of 188.44 per share, with a total market value of 1,319,101. Following this completion of acquisition, the Director, BLASING KAREN now holds 2,000 shares of the company’s stock, valued at 387,691. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.70%.
17 out of 27 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on Zscaler Inc.. 0 analysts has assigned a Sell rating on the ZS stock. The 12-month mean consensus price target for the company’s shares has been set at $237.71.