The stock of Zoom Video Communications Inc (ZM) has gone up by 3.32% for the week, with a 2.82% rise in the past month and a -4.68% drop in the past quarter. The volatility ratio for the week is 2.37%, and the volatility levels for the past 30 days are 2.36% for ZM. The simple moving average for the last 20 days is 4.35% for ZM stock, with a simple moving average of -6.05% for the last 200 days.

Is It Worth Investing in Zoom Video Communications Inc (NASDAQ: ZM) Right Now?

Zoom Video Communications Inc (NASDAQ: ZM) has a higher price-to-earnings ratio of 142.30x compared to its average ratio, and the 36-month beta value for ZM is at -0.14. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 2 rating it as “overweight,” 25 as “hold,” and 0 as “sell.”

The average price suggested by analysts for ZM is $81.53, which is $17.41 above the current market price. The public float for ZM is 222.69M, and currently, shorts hold a 7.28% of that float. The average trading volume for ZM on November 20, 2023 was 3.32M shares.

ZM) stock’s latest price update

Zoom Video Communications Inc (NASDAQ: ZM) has seen a rise in its stock price by 1.14 in relation to its previous close of 63.40. However, the company has experienced a 3.32% gain in its stock price over the last five trading sessions. CNBC Television reported 2023-11-17 that Jerry Castelli, Castleark Management CIO, joins ‘Power Lunch’ to discuss three stocks: Gap, App. Materials and Zoom.

Analysts’ Opinion of ZM

Many brokerage firms have already submitted their reports for ZM stocks, with Citigroup repeating the rating for ZM by listing it as a “Neutral.” The predicted price for ZM in the upcoming period, according to Citigroup is $66 based on the research report published on November 17, 2023 of the current year 2023.

ZM Trading at -1.50% from the 50-Day Moving Average

After a stumble in the market that brought ZM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.68% of loss for the given period.

Volatility was left at 2.36%, however, over the last 30 days, the volatility rate increased by 2.37%, as shares surge +3.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.02% lower at present.

During the last 5 trading sessions, ZM rose by +3.32%, which changed the moving average for the period of 200-days by -22.60% in comparison to the 20-day moving average, which settled at $61.57. In addition, Zoom Video Communications Inc saw -5.34% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ZM starting from Yuan Eric S., who sale 11,207 shares at the price of $61.23 back on Nov 02. After this action, Yuan Eric S. now owns 0 shares of Zoom Video Communications Inc, valued at $686,188 using the latest closing price.

Yuan Eric S., the Chief Executive Officer of Zoom Video Communications Inc, sale 2,421 shares at $60.96 during a trade that took place back on Nov 02, which means that Yuan Eric S. is holding 87,112 shares at $147,573 based on the most recent closing price.

Stock Fundamentals for ZM

Current profitability levels for the company are sitting at:

• +5.59 for the present operating margin
• +69.05 for the gross margin

The net margin for Zoom Video Communications Inc stands at +2.36. The total capital return value is set at 4.03, while invested capital returns managed to touch 1.71. Equity return is now at value 2.18, with 1.67 for asset returns.

Based on Zoom Video Communications Inc (ZM), the company’s capital structure generated 1.55 points at debt to equity in total, while total debt to capital is 1.53. Total debt to assets is 1.19, with long-term debt to equity ratio resting at 1.19. Finally, the long-term debt to capital ratio is 1.17.

When we switch over and look at the enterprise to sales, we see a ratio of 3.08, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 8.99 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.53.

Conclusion

In conclusion, Zoom Video Communications Inc (ZM) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.