The stock of ZoomInfo Technologies Inc (NASDAQ:ZI) last traded at $9.95, up 0.61% from the previous session.
ZI stock price is now -6.35% away from the 50-day moving average and -13.38% away from the 200-day moving average. The market capitalization of the company currently stands at $3.42B.
With the price target reduced from $14 to $11, Wells Fargo Downgraded its rating from Overweight to Equal Weight for ZoomInfo Technologies Inc (NASDAQ: ZI). On January 06, 2025, Piper Sandler Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock reducing its target price from $11 to quote $10, while ‘KeyBanc Capital Markets’ rates the stock as ‘Underweight’
In other news, Winn David Randall, Director sold 290,541 shares of the company’s stock on Dec 03 ’24. The stock was sold for $3,213,965 at an average price of $11.06. Upon completion of the transaction, the Director now directly owns 1,266,807 shares in the company, valued at $12.6 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 04 ’24, Director Winn David Randall sold 209,459 shares of the business’s stock. A total of $2,309,265 was realized by selling the stock at an average price of $11.02. This leaves the insider owning 1,057,348 shares of the company worth $10.52 million. A total of 20.69% of the company’s stock is owned by insiders.
During the past 12 months, ZoomInfo Technologies Inc has had a low of $7.65 and a high of $18.69. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 0.63, and a quick ratio of 0.63. According to the stock market information, the enterprise value for the company is $4627719168, which is based on a 371.27 price-to-earnings ratio, a 34.84 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for ZI is $10.6616 and a two-hundred day moving average price translates $11.5139 for the stock.
The latest earnings results from ZoomInfo Technologies Inc (NASDAQ: ZI) was released for 2024-09-30. The net profit margin was 0.74% and return on equity was 0.46% for ZI. The company reported revenue of $303.6 million for the quarter, compared to $313.8 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.25 percent.
