Should You Buy Zuora Inc (ZUO) Stock After it Is Higher By 3.37% in a Week?

Zuora Inc (ZUO) stock is up 3.37% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Zuora Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ZUO!

See Full ZUO Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With ZUO Stock Today?

Zuora Inc (ZUO) stock is trading at $7.06 as of 12:12 PM on Monday, Oct 17, a rise of $0.48, or 7.3% from the previous closing price of $6.58. The stock has traded between $6.85 and $7.08 so far today. Volume today is 800,090 compared to average volume of 961,864.

More About Zuora Inc

Zuora Inc provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The firm offers Zuora Central platform that acts as an intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition. Its products include Zuora Billing, Zuora RevPro, Zuora CPQ, and Zuora Collect. Zuora caters to various industries comprising software, hardware, media, transportation, construction, healthcare, education, retail, Internet of Things, and others worldwide. Geographically, it derives a majority of revenue from the United States. Click Here to get the full Stock Report for Zuora Inc stock.