In Thursday’s Wall Street session, ZoomInfo Technologies Inc (NASDAQ:GTM) shares traded at $10.06, down -1.66% from the previous session.
GTM stock price is now 6.28% away from the 50-day moving average and -0.71% away from the 200-day moving average. The market capitalization of the company currently stands at $3.31B.
With the price target enhanced from $10 to $11, Piper Sandler Upgraded its rating from Underweight to Neutral for ZoomInfo Technologies Inc (NASDAQ: GTM). 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, former CTO bought 20,000 shares of the company’s stock on Apr 01 ’25. The stock was bought for $198,858 at an average price of $9.94. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Officer ALI DASDAN bought 6,334 shares of the business’s stock. A total of $73,094 was incurred on buying the stock at an average price of $11.54. A total of 12.71% of the company’s stock is owned by insiders.
During the past 12 months, ZoomInfo Technologies Inc has had a low of $7.01 and a high of $13.67. As of last week, the company has a debt-to-equity ratio of 0.85, a current ratio of 0.66, and a quick ratio of 0.66.
The net profit margin was 3.37% and return on equity was 2.23% for GTM. The company reported revenue of $305.7 million for the quarter, compared to $310.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.42 percent.
