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Zoom Stock Bearish Momentum With A 6% Drop On Monday

Via News Editorial Team

December 28, 2020

Zoom Stock Bearish Momentum With A 6% Drop On Monday

Shares of Zoom dropped 6.6% to $350.39 at 16:04 EST on Monday, after two successive sessions in a row of losses. NASDAQ Composite is rising 0.92% to $12,922.18, following last session's upward trend, This seems, so far, a somewhat positive trend trading session today.

Zoom's last close was $375.17, 68.05% below its 52-week high of $588.84.

The company's growth estimates for the present quarter and the next is 433.3% and 270%, respectively.

Zoom's Revenue

Year-on-year quarterly revenue growth grew by 366.5%, now sitting on 1.96B for the twelve trailing months.

Volatility

Zoom's last day, last week, and last month's average volatility was a negative 2.32%, a negative 1.41%, and a negative 0.69%, respectively.

Zoom's last day, last week, and last month's high and low average amplitude percentage was 2.63%, 4.29%, and 4.50%, respectively.

Zoom's Stock Yearly Top and Bottom Value

Zoom's stock is valued at $350.39 at 16:04 EST, way under its 52-week high of $588.84 and way higher than its 52-week low of $65.52.

Zoom's Moving Average

Zoom's worth is way under its 50-day moving average of $411.61 and below its 200-day moving average of $369.76.