In yesterday’s Wall Street session, Zillow Group Inc (NASDAQ:Z) shares traded at $56.35, up 5.19% from the previous session.
Z stock price is now 14.89% away from the 50-day moving average and 15.84% away from the 200-day moving average. The market capitalization of the company currently stands at $13.04B.
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, while ‘Standpoint Research’ rates the stock as ‘Hold’
In other news, Rock Jennifer, Chief Accounting Officer sold 3,650 shares of the company’s stock on Aug 19 ’24. The stock was sold for $199,701 at an average price of $54.71. Upon completion of the transaction, the Chief Accounting Officer now directly owns 72,836 shares in the company, valued at $4.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 19 ’24, Officer Rock Jennifer bought 3,650 shares of the business’s stock. A total of $199,701 was incurred on buying the stock at an average price of $54.71. A total of 34.58% 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 $49.2028 and a two-hundred day moving average price translates $48.7407 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.
