Zillow Group Inc (NASDAQ: Z): Retirees Don’t Worry About Volatility

Zillow Group Inc (NASDAQ:Z) currently has a daily average trading volume of 3.17M but it saw 2546119 shares traded in last market. With a market cap of 17.46B USD, the company’s current market price of $75.47 came falling about -6.56 while comparing to the previous closing price of $80.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $86.88 and as low as $38.45. In the recent trading on the day, stock has struck highest price mark of $75.07 while lowest mark touched by it was $81.61.

Taking a look at 20-day trading activity of Zillow Group Inc (Z) gives us an average price of $82.04, while its current price level is -13.13% below from 52-week high level whereas it is 96.28% 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 $71.81 while that of 200 days or SMA-200 reads an average of $55.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.76% during that period while stretching the period over a month that decreases to 3.22%. 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 42.53 which implies that the stock is in neutral territory.

Over the week, Z’s stock price is moving -7.82% down while it is 2.93% when we observe its performance for the past one month. Year-to-date it is 30.44% up and over the past year, the stock is showing an upside performance of 34.12%.

Currently, Zillow Group Inc’s total number of outstanding shares is 172.99M. Company’s return on investment (ROI) stands at -2.54% and return on equity (ROE) at -2.90%. It has a 41.81 of forward P/E ratio. Stock’s beta reads 2.00. Stock has a price to book (P/B) ratio of 3.79 while price to sale or P/S ratio amounts to 8.10. Its return on asset (ROA) is -2.08% on average.