Zoom has been somewhat immune to the crisis with its shares rising 4.14% to $445.25 at 10:07 EST on Wednesday, following yesterday’s downward trend. The Nasdaq Stock Market is rising 1.31% to $12,036.80, after two successive sessions in a row of gains, on what up to now seems, an all-around positive trend exchanging session today.
Zoom’s last close was $430.28, 32.25% under its 52-week high of $588.84.
Zoom’s sales growth is 316.4% for the ongoing quarter and 287.5% for the next. The company’s growth estimates for the current quarter and the next is 744.4% and 340%, respectively.
Year-on-year quarterly revenue growth grew by 355%, now sitting on 1.35B for the twelve trailing months.
Zoom’s stock is valued at $445.25 at 10:07 EST, way below its 52-week high of $588.84 and way above its 52-week low of $62.02.
Zoom’s worth is below its 50-day moving average of $475.67 and way above its 200-day moving average of $332.29.