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Zoom Stock Over 6% Up Before the Weekend

ViaNews Editorial Team

November 21, 2020

Zoom Stock Over 6% Up Before the Weekend
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The Nasdaq Stock Market ended the session with Zoom shares jumping 4.51% to $17.37 on Friday. The Nasdaq Stock Market slid 0.42% to $11855,00, on what so far seems a somewhat negative 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 current quarter and 287.5% for the next. The company's growth estimates for the present 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 $439.6 at 10:05 EST, way under its 52-week high of $588.84 and way higher than its 52-week low of $62.02. Zoom's worth is below its 50-day moving average of $478.32 and way above its 200-day moving average of $325.63.
ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.