The stock of Zillow Group Inc (NASDAQ:Z) last traded at $62.81, up 0.35% from the previous session.
Z stock price is now 20.92% away from the 50-day moving average and 25.55% away from the 200-day moving average. The market capitalization of the company currently stands at $14.52B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
, while ‘Standpoint Research’ rates the stock as ‘Hold’
In other news, Cormier Thielke Claire, Director sold 2,826 shares of the company’s stock on Sep 16 ’24. The stock was sold for $172,697 at an average price of $61.11. Upon completion of the transaction, the Director now directly owns 2,826 shares in the company, valued at $0.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 16 ’24, Director Cormier Thielke Claire bought 2,826 shares of the business’s stock. A total of $172,697 was incurred on buying the stock at an average price of $61.11. A total of 34.78% 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 $63.05. 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 $52.2634 and a two-hundred day moving average price translates $50.13205 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.
