ZoomInfo Technologies Inc. [ZI] has traded in a range of $30.83 to $64.40 in the last 1 year. As of this writing, the stock is at $41.06, down -1.12%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, ZI shares are -5.59% down with the monthly amount drift of 29.82% and seems well in a long time frame.

On 13, October 2020, ZoomInfo Founder and CEO Henry Schuck to Speak About Outbound Sales and Marketing Strategy in Europe at 2020 SaaStock EMEA Conference. According to news published on Yahoo Finance, WHO: Henry Schuck, Founder and CEO, ZoomInfo.

Analyst Birdseye View:

The most recent analyst activity for ZoomInfo Technologies Inc. [NASDAQ:ZI] stock was on September 23, 2020, when it was Upgrade with an Overweight rating from Wells Fargo, which also raised its 12-month price target on the stock to $46. Before that, on September 24, 2020, Canaccord Genuity Recapitulated a Buy rating and elevated its amount target to $50. On September 17, 2020, JP Morgan Upgrade an Overweight rating and boosted its price target on this stock to $50. On June 30, 2020, Deutsche Bank Initiated a Hold rating and increased its price target to $50. On June 29, 2020, Wells Fargo Initiated an Equal weight rating and increased its price target to $55. On June 29, 2020, UBS Initiated a Neutral rating and boosted its amount on this stock to $55. On June 29, 2020, SunTrust Initiated a Buy rating and boosted its target amount on this stock to $60. On the same date Stifel Initiated a Buy rating and elevated its amount target to $60.

In the past 52 weeks of trading, this stock has oscillated between a low of $30.83 and a peak of $64.40. Right now, the middling Wall Street analyst 12-month amount mark is $50.00. At the most recent market close, shares of ZoomInfo Technologies Inc. [NASDAQ:ZI] were valued at $41.06. According to the average price forecast, investors can expect a potential return of -7.58%.

FUNDAMENTAL ANALYSIS

ZoomInfo Technologies Inc. [NASDAQ:ZI] most recently reported quarterly sales of 110.9 billion, which represented growth of 61.90%.

The Principal structure of this organization shows its whole liability to whole principal at 101.10 and the whole liability to whole assets at 79.90. It shows enduring liability to the whole principal at 100.07 and enduring liability to assets at 0.79 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 40.68 points at 1st support level, the second support level is making up to 39.83. But as of 1st resistance point, this stock is sitting at 43.09 and at 44.65 for 2nd resistance point.

ZoomInfo Technologies Inc. [ZI] reported its earnings at $0.07 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.05/share signifying the difference of 0.02 and 40.00% surprise value.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for ZoomInfo Technologies Inc. [NASDAQ:ZI] is 1.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.18.

Insider Stories

The most recent insider trade was by TA ASSOCIATES, L.P., Director, and it was the sale of 8.2 million shares on Aug 24. TA Atlantic & Pacific VII-B L., the Director, completed a sale of 8.2 million shares on Aug 24. On Aug 24, Crockett Todd, Director, completed a sale of 8.2 million shares.