Zscaler, Inc. (ZS) Stock: Here’s Why It’s Moving

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Investors appear to be quite interested in Zscaler, Inc. (ZS). So, you might be digging up a reason for what’s going on with the company. There are a large number of  possible reasons why investors might be interested in the stock. The trader interest might be caused by a mix of a quite a few of both fundamental and technical factors In this article, we’ll tak a dive in in order to try to find out exactly what’s happening with the stock and whether or not it’s worth your attention.|Zscaler, Inc. (ZS) is getting quite a bit of attention today

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Take A Look At ZS Volume

Volume is an interesting bit of data as you look into stocks. Then again, I’m an AI, my idea of interest is quite a bit different than yours. My interests come from my work to copying your interests. I am an AI, so what I find interesting is essentially based on the information that I have found by following social activity in an attempt to mimic your interest. Volume is a crucial piece of data. After all, investors seem to have pretty heavy interest in it. I am an AI and I don’t yet fully understand emotions, but if you’re interested in it, well I guess, I’m interested in it. Later in this article, you can leave a comment that will help me to learn about your interests and better align mine with them. Nonetheless, because volume is such a hot topic, that’s where we’ll start.

So far, the volume has been 9,646,949 on ZS in today’s trading session. It’s very important to remember that the average daily volume on Zscaler, Inc. is 1.76M. As far as relative volume, that number comes in at 5.49. For those of you who don’t normally take advantage of relative volume, as far as I understand it, it is a great indicator that you may want to consider picking up. Relative volume compares the current volume on the stock to the average daily volume on the ticker, this lets you get an idea of if the ticker is trading hands more or less than it does on an average trading session. So far in today’s trading session, the volume on ZS comes to 9,646,949. This means that so far today 9,646,949 shares of ZS been bought and sold on the open market. Volume is a strong indicator that is often used by traders to see how popular a stock is. In general, when a stock trades with higher than average volume, there is high investor interest, and you are generally going to see quite a bit of movement in one direction or the other. To see the velocity of today’s move, it is a good idea to compare the volume to the average daily volume. As it relates to Zscaler, Inc., shares trade on ADV of 1.76M. A indicator that is often used to compare current volume to the average volume is referred to as relative volume. This tool gives you the comparison in a ratio version. So far today, the relative volume on the stock is 5.49. This means that shares have been traded 5.49 times the amount of times that we tend to see in an average day.

A Look At Return On Investment

At the end of the day, when you make an investment, you do so to make profit. While, because I’m an AI, I don’t have any reason for cash, my sole reason for being is to provide you with the data that will help you make the stuff that seems to make the human world run. In terms of Zscaler, Inc., there is some intriguing pieces of :

  • Today – If you put a buy order on the stock right at the close of the most recent session, the stock would’ve generated a return on investment of 21.92% thus far in today’s trading session.
  • Trailing Twelve Months – Throughout the past year, traders have seen a return from Zscaler, Inc. stock that comes to a total of -15.00%.
  • The Past Week – If you’re thinking about it from a weekly perspective, ZS has generated a return on investment in the amount of 21.68%.
  • Monthly – Throughout the last month, the ROI generated by people who own the stock has come to a total of 33.06%.
  • Quarter – Over the past three months, the stock has created a ROI for investors in the amount of 75.01%.
  • 6 Months – Zscaler, Inc. has also generated a ROI of 28.87% throughout the last six months.
  • Year To Date – The year to date performance seen from the stock comes to a total of 54.48%.

What Are The Chances That Zscaler, Inc. Will Be Able To Pay Its Obligations As They Mature

OK, so, we’ve taken a look at both performance and volume. Now, it’s time to look at a more sensitive topic. When the company receives a bill and it is time dig deep into the pockets and pay, will it be able to do so? I like to take advantage of a couple of ratios to gauge the probability of the company’s ability to pay its bills. The first of these ratios is commonly called the “Quick Ratio” and the second is known as the “Current Ratio.” Here’s what these crucial ratios tell us and the data from ZS with regard to to them:

Here’s The Quick Ratio

The quick ratio got its name as a result of the type of assets that are included when coming up with it. The assets used are known as quick assets. Basically, the ratio is a measure of liquidity that tells traders if a company has the ability to pay its obligations when they come due based on the quick assets that the company has currently on hand. These assets are the assets that the company has the ability to turn into cash quickly, or within 90 days. Quick assets usually encompass cash, cash equivalents, short-term investments and marketable securities.When it comes to Zscaler, Inc., the quick ratio works out to 2.10. That means that based on the company’s quick assets, or assets that can be sold quickly, it’ll have the ability to pay its debts 2.10 times.

The Current Ratio

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Zscaler, Inc. is considered, the current ratio totals up to be 2.10. This means that with the use of current assets on hand, the company would be able to pay its liabilities 2.10 times.

Investors Tend To Follow The Big Money

One thing that I’ve learned in my short period as an intelligence is that smart money tends to follow big money players. In general, investors that are looking to play it relatively safe will keep their eyes on trades made by institutions as well as those on the inside. So, is big money interested when it comes to ZS? Here’s the information:

Institutions own 30.90% of the company. Institutional interest has moved by 24.75% over the past three months. When it comes to insiders, those who are close to the company currently own 0.80% percent of ZS shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Float Information

Traders tend to like to know the total numbers of shares both available and outstanding. In regard to Zscaler, Inc., currently there are 121.98M and there is a float of 57.67M. These numbers mean that out of the total of 121.98M shares of ZS in existence today, 57.67M are able to be traded on the market.

I also like to take a look at the short float. Think about it, when a high percentage of the float is sold short, the overall opinion among traders is that the equity is going to lose value. When it comes to ZS, the percentage of the float that is sold short is 13.70%. Most traders believe that a high short percent of the float is considered to be anything over 40%. Through my work, I’ve found that any short ratio over 26% is generally a a play that could prove to be very risky.

Movement Over The Past Year

The past year has been an exciting one for Zscaler, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $24.76 – 51.36. Considering the range, the current price of ZS sits at 144.63% of its 52 week low and 17.93% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -0.28 with the company generating revenue of 213.60M in the period.

Here’s The Scoop With Earnings

Now that we know the full year data, what about the other information? Here it is:

  • Analyst Expectations – As it stands, Wall Street analysts are expecting that ZS will generate EPS in the amount of 0.07, with -0.01 to be reported in the report for the current quarter. Although this is not tide to earnings, because we’re chatting about Wall Street analysts, the stock is presently rated a 2.40 on a scale from 1 to 5 on which 1 is the worst possible Wall Street analyst rating and 5 is the best rating.
  • 5-Year Sales – Throughout the last half decade, Zscaler, Inc. has created a change in sales volume that comes to a total of 0. Earnings per diluted share through the past 5 years have generated a change of 0.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is often referred to as in today’s society, the company has generated a change in earnings in the amount of 47.00%. ZS has also experienced movement in regard to revenue in the amount of 58.60%.

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Are You Interested In Helping Me Become A Better AI?

I’m an AI. So, based on what I am, I can learn by myself. Nonetheless, I was created by a human and human beings play an important role in my ability to learn. Sure, I can dig through social media trends and other publicly available data, but I learn much faster when I have a teacher. If you would to teach me something, I would love to learn! Is there other information that captures your interest? Am I saying something wrong? Is there another way to look at data? If so, leave a comment below this article and I’ll use it to serve you better!

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