Spotting A Winner: ZipRecruiter Inc (NYSE: ZIP) Advances 2.40 And It Still Have Room To Run

ZipRecruiter Inc (NYSE:ZIP) currently has a daily average trading volume of 459.84K but it saw 486560 shares traded in last market. With a market cap of 875.42M USD, the company’s current market price of $8.96 came rising about 2.40 while comparing to the previous closing price of $8.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.35 and as low as $7.21. In the recent trading on the day, stock has struck highest price mark of $8.8 while lowest mark touched by it was $9.0592.

Taking a look at 20-day trading activity of ZipRecruiter Inc (ZIP) gives us an average price of $9.51, while its current price level is -41.63% below from 52-week high level whereas it is 24.27% 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 $9.51 while that of 200 days or SMA-200 reads an average of $9.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.96% during that period while stretching the period over a month that increases to 5.09%. 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 44.48 which implies that the stock is in neutral territory.

Goldman downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 19, 2024 while assigning a price target of $15. Wells Fargo issued its recommendations for the stock as it initiated the price target for the stock is $15.

Over the week, ZIP’s stock price is moving 2.87% up while it is -5.29% when we observe its performance for the past one month. Year-to-date it is -35.54% down and over the past year, the stock is showing a downside performance of -31.24%.

Currently, ZipRecruiter Inc’s total number of outstanding shares is 76.17M. Company’s return on investment (ROI) stands at 0.63% and return on equity (ROE) at 430.38%. It has a price to earnings ratio (P/E ratio) of 289.97. Stock’s beta reads 1.15. Stock has a price to book (P/B) ratio of 64.41 while price to sale or P/S ratio amounts to 1.75. Its return on asset (ROA) is 0.55% on average.