Zoom has been somewhat immune to the crisis with its shares jumping 2.68% to $455.63 at 10:08 EST on Friday, after two successive sessions in a row of losses. The Nasdaq Stock Market is rising 0.48% to $12,094.40, after three consecutive sessions in a row of gains, on what up to now seems, a somewhat positive trend trading session today.
Zoom’s last close was $427.55, 29.24% 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 current 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 $455.63 at 10:08 EST, way below its 52-week high of $588.84 and way higher than its 52-week low of $62.02.
Zoom’s value is below its 50-day moving average of $474.06 and way above its 200-day moving average of $334.25.