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Is it Time to Dump Zoom Video Communications Inc (ZM) Stock After it Has Risen 4.28% in a Week?

Tuesday, June 28, 2022 11:00 AM | InvestorsObserver Analysts

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Is it Time to Dump Zoom Video Communications Inc (ZM) Stock After it Has Risen 4.28% in a Week?

The market has been neutral on Zoom Video Communications Inc (ZM) stock recently. ZM gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
Zoom Video Communications Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on ZM!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With ZM Stock Today?

Zoom Video Communications Inc (ZM) stock has fallen -0.94% while the S&P 500 is up 0.01% as of 10:55 AM on Tuesday, Jun 28. ZM is down -$1.13 from the previous closing price of $119.82 on volume of 755,732 shares. Over the past year the S&P 500 is down -9.09% while ZM is down -69.48%. ZM earned $4.12 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 28.88. To see InvestorsObserver's Sentiment Score for Zoom Video Communications Inc click here.

More About Zoom Video Communications Inc

Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world. Click Here to get the full Stock Report for Zoom Video Communications Inc stock.

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