Zscaler Inc (ZS) Stock Showcases 2.35% 20-Day Moving Average

In the past week, ZS stock has gone up by 3.35%, with a monthly gain of 9.10% and a quarterly surge of 12.42%. The volatility ratio for the week is 2.85%, and the volatility levels for the last 30 days are 2.92% for Zscaler Inc The simple moving average for the last 20 days is 2.35% for ZS stock, with a simple moving average of 1.16% for the last 200 days.

Is It Worth Investing in Zscaler Inc (NASDAQ: ZS) Right Now?

The 36-month beta value for ZS is also noteworthy at 0.79. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”

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The public float for ZS is 94.08M, and at present, short sellers hold a 5.14% of that float. The average trading volume of ZS on November 07, 2024 was 1.75M shares.

ZS) stock’s latest price update

The stock price of Zscaler Inc (NASDAQ: ZS) has surged by 3.27 when compared to previous closing price of 186.91, but the company has seen a 3.35% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-05 that In the most recent trading session, Zscaler (ZS) closed at $186.91, indicating a +1.09% shift from the previous trading day.

Analysts’ Opinion of ZS

Many brokerage firms have already submitted their reports for ZS stocks, with Exane BNP Paribas repeating the rating for ZS by listing it as a “Neutral.” The predicted price for ZS in the upcoming period, according to Exane BNP Paribas is $180 based on the research report published on October 08, 2024 of the current year 2024.

BMO Capital Markets, on the other hand, stated in their research note that they expect to see ZS reach a price target of $197, previously predicting the price at $208. The rating they have provided for ZS stocks is “Outperform” according to the report published on September 04th, 2024.

BofA Securities gave a rating of “Neutral” to ZS, setting the target price at $195 in the report published on September 04th of the current year.

ZS Trading at 7.82% from the 50-Day Moving Average

After a stumble in the market that brought ZS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.65% of loss for the given period.

Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 2.85%, as shares surge +3.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.12% lower at present.

During the last 5 trading sessions, ZS rose by +3.35%, which changed the moving average for the period of 200-days by -20.43% in comparison to the 20-day moving average, which settled at $188.59. In addition, Zscaler Inc saw -12.88% 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 ZS starting from Schlossman Robert, who sale 1,435 shares at the price of $181.70 back on Oct 09 ’24. After this action, Schlossman Robert now owns 105,806 shares of Zscaler Inc, valued at $260,740 using the latest closing price.

ROBERT SCHLOSSMAN, the Officer of Zscaler Inc, proposed sale 1,435 shares at $176.93 during a trade that took place back on Oct 09 ’24, which means that ROBERT SCHLOSSMAN is holding shares at $253,895 based on the most recent closing price.

Stock Fundamentals for ZS

Current profitability levels for the company are sitting at:

  • -0.06 for the present operating margin
  • 0.78 for the gross margin

The net margin for Zscaler Inc stands at -0.03. The total capital return value is set at -0.08. Equity return is now at value -5.77, with -1.39 for asset returns.

Based on Zscaler Inc (ZS), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.67. The debt to equity ratio resting at 0.97. The interest coverage ratio of the stock is -9.32.

Currently, EBITDA for the company is -40.55 million with net debt to EBITDA at 9.83. When we switch over and look at the enterprise to sales, we see a ratio of 13.49. The receivables turnover for the company is 2.94for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.

Conclusion

In summary, Zscaler Inc (ZS) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.

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