With 171.85M Outstanding Shares, Can Zillow Group Inc (NASDAQ: Z) Deliver Big Short-Term Gains?

Zillow Group Inc (NASDAQ:Z) currently has a daily average trading volume of 3.74M but it saw 3152216 shares traded in last market. With a market cap of 15.15B USD, the company’s current market price of $65.53 came falling about -1.19 while comparing to the previous closing price of $66.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $68.73 and as low as $33.80. In the recent trading on the day, stock has struck highest price mark of $65.37 while lowest mark touched by it was $67.26.

Taking a look at 20-day trading activity of Zillow Group Inc (Z) gives us an average price of $59.93, while its current price level is -4.66% below from 52-week high level whereas it is 93.88% 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 $54.49 while that of 200 days or SMA-200 reads an average of $50.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.23% during that period while stretching the period over a month that increases to 3.86%. 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 67.16 which implies that the stock is in neutral territory.

Over the week, Z’s stock price is moving -3.41% down while it is 14.32% when we observe its performance for the past one month. Year-to-date it is 13.26% up and over the past year, the stock is showing an upside performance of 44.50%.

Currently, Zillow Group Inc’s total number of outstanding shares is 171.85M. Company’s return on investment (ROI) stands at -2.77% and return on equity (ROE) at -3.14%. It has a 36.04 of forward P/E ratio. Stock’s beta reads 1.94. Stock has a price to book (P/B) ratio of 3.37 while price to sale or P/S ratio amounts to 7.32. Its return on asset (ROA) is -2.13% on average.