4 times Within The Past Five Days, Zuora Inc. (ZUO) Hit A New High

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Zuora Inc. (NYSE:ZUO) finished Friday with a subtraction of -$0.04 to close at $6.36, a downside of -0.62 percent. An average of 1,020,780 shares of common stock have been traded in the last five days. There was a gain of $0.68 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,333,145 shares traded, while the 50-day average volume stands at 1,057,976.

ZUO stock has decreased by -17.19% in the last month. The company shares reached their 1-month lowest point of $5.45 on 12/08/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $5.45 and a high of $19.41 in 52 weeks. It has reached a new high 1 time so far this year and lost -65.95% or -$12.32 in price. In spite of this, the price is down -67.23% from the 52-week high.


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Insider Transactions

ZUO stock investors should be aware that Zuora Inc. (ZUO) stock had its last reported insider trading activity 16 days ago on Dec 15. In this transaction, the insider spent $172,890. Chief Revenue Officer, Traube Robert J., disposed of 19,261 shares at a price of $6.00 on Dec 09. The insider now owns more than $115,566 worth of shares. Prior to that, Chief Financial Officer McElhatton Todd went on to Sale 7,500 shares at $6.94 each on Oct 10. An amount of $52,058 was transacted.

Valuation Metrics

Zuora Inc. (ZUO) stock’s beta is 1.84. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.17, the price-to-book (PB) ratio at 4.58.

Financial Health

The quick ratio of Zuora Inc. for the three months ended July 30 was 2.20, and the current ratio was 2.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.13 and a total debt to equity ratio of 1.13 for the quarter ending July 30. Its gross profit as reported stood at $206.63 million compared to revenue of $346.74 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Zuora Inc.’s return on assets was -20.60%.

Earnings Surprise

For the three-month period that ended July 30, Zuora Inc. had $218.34 million in cash and short-term investments compared to $208.39 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$37.03 million in the quarter, while revenues of -$29.91 million were grew 38.19%. The analyst consensus anticipated Zuora Inc.’s latest quarter earnings to come in at -$0.05 per share, but it turned out to be -$0.03, a 40.00% surprise. For the quarter, EBITDA amounted to -$24.17 million. Shareholders own equity worth $133.6 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Zuora Inc. (ZUO) price momentum. RSI 9-day as of the close on 30 December was 54.36%, suggesting the stock is Neutral, with historical volatility in this time frame at 53.00%.

As of today, ZUO’s price is $6.06 +11.97% or $0.68 from its 5-day moving average. ZUO is currently trading -21.09% lower than its 20-day SMA and -32.05% lower than its 100-day SMA. However, the stock’s current price level is -7.83% below the SMA50 and -55.02% below the SMA200.

The stochastic %K and %D were 54.66% and 40.46%, respectively, and the average true range (ATR) was 0.34. With the 14-day stochastic at 64.31% and the average true range at 0.36, the RSI (14) stands at 48.14%. The stock has reached 0.33 on the 9-day MACD Oscillator while the 14-day reading was at 0.20.

Analyst Ratings

Goldman launched coverage on Zuora Inc. (NYSE: ZUO) in its analyst report released on October 21, 2022. The firm assigned the stock a Neutral rating.

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