The stock of ZoomInfo Technologies Inc (NASDAQ:ZI) last traded at $10.89, up 1.59% from the previous session.
ZI stock price is now 4.04% away from the 50-day moving average and 1.75% away from the 200-day moving average. The market capitalization of the company currently stands at $3.73B.
With the price target enhanced from $10 to $11, Piper Sandler Upgraded its rating from Underweight to Neutral for ZoomInfo Technologies Inc (NASDAQ: ZI). On January 07, 2025, Wells Fargo Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock reducing its target price from $14 to quote $11, while ‘Piper Sandler’ rates the stock as ‘Underweight’
In other news, ALI DASDAN, Officer bought 6,334 shares of the company’s stock on Mar 04 ’25. The stock was bought for $73,094 at an average price of $11.54. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, 10% Owner Brown Kirk Norman sold 700 shares of the business’s stock. A total of $8,400 was realized by selling the stock at an average price of $12.00. This leaves the insider owning 7,615,914 shares of the company worth $82.94 million. A total of 12.75% 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 $16.98. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 0.69, and a quick ratio of 0.69. According to the stock market information, the enterprise value for the company is $4957962240, which is based on a 129.95 price-to-earnings ratio, a 39.50 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for ZI is $10.4667 and a two-hundred day moving average price translates $10.702725 for the stock.
The latest earnings results from ZoomInfo Technologies Inc (NASDAQ: ZI) was released for 2024-12-31. The net profit margin was 2.40% and return on equity was 1.53% for ZI. The company reported revenue of $309.1 million for the quarter, compared to $316.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.31 percent.
