Zuora Inc (NYSE:ZUO) shares traded -0.50% lower at $9.91 on Wall Street last session.
ZUO stock price is now 13.12% away from the 50-day moving average and 9.31% away from the 200-day moving average. The market capitalization of the company currently stands at $1.50B.
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With the price target maintained at $10, Craig Hallum recently Downgraded its rating from Buy to Hold for Zuora Inc (NYSE: ZUO). On January 23, 2024, Goldman Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $10 to quote $12, while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, HIRSCH PETER, Chief Product & Tech Officer sold 18,855 shares of the company’s stock on Oct 15 ’24. The stock was sold for $170,809 at an average price of $9.06. Upon completion of the transaction, the Chief Product & Tech Officer now directly owns 19,279 shares in the company, valued at $0.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 15 ’24, Officer PETER D HIRSCH bought 18,855 shares of the business’s stock. A total of $169,129 was incurred on buying the stock at an average price of $8.97. A total of 7.86% of the company’s stock is owned by insiders.
During the past 12 months, Zuora Inc has had a low of $7.05 and a high of $10.85. As of last week, the company has a debt-to-equity ratio of 2.12, a current ratio of 2.71, and a quick ratio of 2.71. The fifty day moving average price for ZUO is $8.7608 and a two-hundred day moving average price translates $9.06565 for the stock.
The latest earnings results from Zuora Inc (NYSE: ZUO) was released for 2024-07-31. The net profit margin was -10.61% and return on equity was -31.02% for ZUO. The company reported revenue of $115.4 million for the quarter, compared to $108.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.8 percent. For the current quarter, analysts expect ZUO to generate $116.02M in revenue.
