Zillow Group Inc (NASDAQ:Z) shares traded -0.54% lower at $53.33 on Wall Street last session.
Z stock price is now 11.89% away from the 50-day moving average and 10.79% away from the 200-day moving average. The market capitalization of the company currently stands at $12.34B.
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, while ‘Standpoint Research’ rates the stock as ‘Hold’
In other news, Spaulding Dan, Chief People Officer sold 4,570 shares of the company’s stock on Aug 15 ’24. The stock was sold for $241,581 at an average price of $52.86. Upon completion of the transaction, the Chief People Officer now directly owns 65,772 shares in the company, valued at $3.51 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 14 ’24, Chief People Officer Spaulding Dan sold 2,991 shares of the business’s stock. A total of $159,070 was realized by selling the stock at an average price of $53.18. This leaves the insider owning 70,342 shares of the company worth $3.75 million. A total of 34.59% of the company’s stock is owned by insiders.
During the past 12 months, Zillow Group Inc has had a low of $33.80 and a high of $61.13. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 2.12, and a quick ratio of 2.12. The fifty day moving average price for Z is $47.6634 and a two-hundred day moving average price translates $48.13455 for the stock.
The latest earnings results from Zillow Group Inc (NASDAQ: Z) was released for 2024-06-30. The net profit margin was -6.81% and return on equity was -3.14% for Z. The company reported revenue of $572.0 million for the quarter, compared to $506.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.04 percent.
