ZoomInfo Technologies Inc (ZI) stock is higher by 9.08% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 ZI Stock Today?
ZoomInfo Technologies Inc (ZI) stock is trading at $50.58 as of 1:30 PM on Thursday, Jun 17, a gain of $1.57, or 3.2% from the previous closing price of $49.01. The stock has traded between $47.21 and $50.64 so far today. Volume today is 2,200,879 compared to average volume of 1,931,202.
To see the top 5 stocks in the Software - Application industry click here.
More About ZoomInfo Technologies Inc
ZoomInfo Technologies Inc provides a go-to-market intelligence platform for sales and marketing teams. Its cloud-based go-to-market data and insights platform deliver comprehensive and high-quality intelligence and analytics to provide sales and marketing professionals with accurate information and insights on the organizations and professionals. Geographically, the company has its presence across the United States.
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