Zillow Group Inc (NASDAQ:ZG) currently has a daily average trading volume of 617.80K but it saw 742693 shares traded in last market. With a market cap of 12.29B USD, the company’s current market price of $53.11 came rising about 0.76 while comparing to the previous closing price of $52.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $59.23 and as low as $33.23. In the recent trading on the day, stock has struck highest price mark of $52.11 while lowest mark touched by it was $53.44.
Taking a look at 20-day trading activity of Zillow Group Inc (ZG) gives us an average price of $48.10, while its current price level is -10.33% below from 52-week high level whereas it is 59.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $47.38 while that of 200 days or SMA-200 reads an average of $47.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.26% during that period while stretching the period over a month that increases to 4.30%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.11 which implies that the stock is in neutral territory.
JMP Securities upgraded its recommendation for the stock as a “Mkt Outperform” from “Mkt Perform” on December 12, 2023 while assigning a price target of $60. Deutsche Bank issued its recommendations for the stock as it initiated the price target for the stock is $50.
Over the week, ZG’s stock price is moving 2.45% up while it is 6.39% when we observe its performance for the past one month. Year-to-date it is -6.36% down and over the past year, the stock is showing an upside performance of 10.95%.
Currently, Zillow Group Inc’s total number of outstanding shares is 55.28M. Company’s return on investment (ROI) stands at -2.77% and return on equity (ROE) at -3.14%. It has a 29.51 of forward P/E ratio. Stock’s beta reads 2.00. Stock has a price to book (P/B) ratio of 2.73 while price to sale or P/S ratio amounts to 5.94. Its return on asset (ROA) is -2.13% on average.
