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Zoom Stock Rises On Friday, Outperforms Market

Via News Editorial Team

November 20, 2020

Zoom Stock Rises On Friday, Outperforms Market
Zoom has been somewhat immune to the crisis with its shares jumping 6.67% to $441.94 at 15:05 EST on Friday. The Nasdaq Stock Market is rising 0.15% to $11923, on what seems, up until now, a somewhat positive trend exchanging session on The Nasdaq Stock Market. Zoom's last close was $414.29, 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 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 $441.94 at 15:05 EST, way under 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 $478.32 and way above its 200-day moving average of $325.63.