Zoom has been somewhat immune to the crisis with its shares rising 6.29% to $471.61 at 14:07 EST on Friday, following yesterday’s upward trend. The Nasdaq Stock Market is jumping 0.92% to $12,205.80, after three sequential sessions in a row of gains, on what as yet seems, a somewhat positive trend trading session today.
Zoom’s last close was $443.72, 24.86% below its 52-week high of $588.84.
Zoom’s sales growth is 316.6% for the ongoing quarter and 287.8% for the next. The company’s growth estimates for the present 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 $471.61 at 14:07 EST, way under its 52-week high of $588.84 and way above its 52-week low of $62.02.
Zoom’s value is below its 50-day moving average of $472.89 and way above its 200-day moving average of $335.03.