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Zoom Stock Went Down By Over 2% So Far On Monday

ViaNews Editorial Team

November 23, 2020

Zoom Stock Went Down By Over 2% So Far On Monday
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Even though Zoom has been somewhat immune to the crisis, shares sliding 2.73% to $427.59 at 13:11 EST on Monday, following yesterday's upward trend. The Nasdaq Stock Market is sliding 0.04% to $11,850.30, following yesterday's downward trend, on what at the moment seems, a somewhat negative trend trading session today. Zoom's last close was $439.60, 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 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 $427.59 at 13:11 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 way under its 50-day moving average of $476.96 and way above its 200-day moving average of $330.33.
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.