ZoomInfo Technologies Inc. (NASDAQ:ZI) price closed lower on Tuesday, April 16, dropping -0.52% below its previous close.
A look at the daily price movement shows that the last close reads $15.33. The company’s 5Y monthly beta was ticking 1.17 while its P/E ratio in the trailing 12-month period read 57.18. Taking into account the 52-week price action we note that the stock hit a 52-week high of $30.16 and 52-week low of $12.36. The stock subtracted -4.63% on its value in the past month.
ZoomInfo Technologies Inc., which has a market valuation of $5.79 billion, is expected to release its quarterly earnings report Feb 05, 2024 – Feb 09, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ZI a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 5.37. The overview shows that ZI’s price is at present -3.37% off the SMA20 and -6.01% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 42.64, with weekly volatility standing at 3.39%. The indicator jumps to 3.16% when calculated based on the past 30 days. ZoomInfo Technologies Inc. (NASDAQ:ZI)’s beta value is holding at 1.16, while the average true range (ATR) indicator is currently reading 0.56.
An analysis of the ZoomInfo Technologies Inc. (NASDAQ:ZI) stock in terms of its daily trading volume indicates that the 3-month average is 6.63 million.
Current records show that the company has 384.83M in outstanding shares. The insiders’ percentage holdings are 25.08% of outstanding shares while the percentage share held by institutions stands at 73.49%. But the -17.52% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
