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Zoom Stock Inches On Friday, Outperforms Market

Via News Editorial Team

November 20, 2020

Zoom Stock Inches On Friday, Outperforms Market

Zoom has been somewhat immune to the crisis with its shares rising 6.51% to $441.24 at 13:05 EST on Friday, after one consecutive sessions in a rows of losses. The Nasdaq Stock Market is rising 0.15% to $11922.7, after one consecutive sessions in a rows of gains, on what seems, at the moment, a somewhat positive trend trading session on The Nasdaq Stock Market.

Zoom's last close was $414.29, below its 52-week high of $588.84.

Zoom's sales growth is 316.4% for the present quarter and 287.5% for the next. The company's growth estimates for the ongoing quarter and the next is 744.4% and 333.3%, 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 $441.24 at 13:05 EST, way below its 52-week high of $588.84 and way above its 52-week low of $62.02.

Zoom's worth is under its 50-day moving average of $478.32 and way above its 200-day moving average of $325.63.