Shares of Zoom dropped by a staggering 14.87% to $407.23 at 14:12 EST on Tuesday, after three sequential sessions in a row of gains. The Nasdaq Stock Market is rising 1.47% to $12,377.60, following yesterday’s downward trend, on what up to now seems, an all-around positive trend trading session today.
Zoom’s last close was $478.36, 44.60% below its 52-week high of $588.84.
The company’s growth estimates for the current quarter and the next is 326.7% and 220%, respectively.
Year-on-year quarterly revenue growth grew by 366.5%, now sitting on 1.96B for the twelve trailing months.
Zoom’s Stock Top and Bottom Yearly Value
Zoom’s stock is valued at $407.23 at 14:12 EST, way below its 52-week high of $588.84 and way higher than its 52-week low of $62.02.
Zoom’s Moving Average
Zoom’s value is way under its 50-day moving average of $472.29 and way above its 200-day moving average of $341.97.
Previous days news about Zoom
According to yesterday’s article on MarketWatch, “Zoom sales more than quadruple again, but stock still drops.”