Zendesk, Inc. (NYSE:ZEN) went up by 0.14% from its latest closing price when compared to the 1-year high value of $94.89 and move down -18.29%, while ZEN stocks collected -5.40% of loss with the last five trading sessions. Press Release reported on 06/12/20 that Zendesk, Inc. Announces Pricing of Offering of $1.0 Billion of Convertible Senior Notes
Zendesk, Inc. (NYSE:ZEN) Worth an Investment?
Zendesk, Inc. (NYSE: ZEN) The 36 Months beta value for ZEN stocks is at 1.34, while of the analysts out of 0 who provided ratings for Zendesk, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $87.16 which is $5.95 above current price. ZEN currently has a short float of 8.02% and public float of 112.08M with average trading volume of 2.10M shares.
ZEN Market Performance
ZEN stocks went down by -5.40% for the week, with the monthly jump of 8.76% and a quarterly performance of 46.55%, while its annual performance rate touched -7.59%. The simple moving average for the period of the last 20 days is -2.62% for ZEN stocks with the simple moving average of 6.05% for the last 200 days.
Analysts’ Opinion on Zendesk, Inc. (NYSE:ZEN)
Many brokerage firms have already submitted their reports for ZEN stocks, with Piper Sandler repeating the rating for ZEN shares by setting it to “Neutral”. The predicted price for ZEN socks in the upcoming period according to Piper Sandler is $76 based on the research report published on May 1, 2020.
Evercore ISI, on the other hand, stated in their research note that they expect to see ZEN stock at the price of $76. The rating they have provided for ZEN stocks is “In-line” according to the report published on April 28, 2020.
Wedbush gave “ Neutral” rating to ZEN stocks, setting the target price at $76 in the report published on April 22, 2020.
ZEN Stocks 6.10% Far from 50 Day Moving Average
After a stumble in the market that brought ZEN to its low price for the period of the last 52 weeks, Zendesk, Inc. was unable to take a rebound, for now settling with -15.46% of loss for the given period.
The stock volatility was left at 4.25%, however, within the period of a single month, the volatility rate increased by 4.79%, while the shares surge at the distance of +7.61% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +36.10% upper at the present time.
In the course of the last 5 trading sessions, ZEN went down by -5.40%, which changed the moving average for the period of 200 days to the total of +0.21% of gains for the stock in comparison to the 20-day moving average settled at $82.66. In addition, Zendesk, Inc. saw 4.68% in overturn over the period of a single year with a tendency to cut further gains.
ZEN Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Zendesk, Inc. (ZEN), starting from Gennaro Norman, who sold 1,000 shares at the price of $83.49 back on Jun 11. After this action, Rushing now owns 20,552 shares of Zendesk, Inc., valued at $83,490 with the latest closing price.
Johnson InaMarie, the Chief People & Diversity Off. of Zendesk, Inc., sold 1,155 shares at the value of $83.49 during a trade that took place back on Jun 11, which means that Johnson InaMarie is holding 18,550 shares at the value of $96,431 based on the most recent closing price.