Zscaler (ZS) Looks Good: Stock Adds 8.2% In Session

By Zacks Investment ResearchStock MarketsMar 24, 2020 08:34AM ET

www.investing.com/analysis/zscaler-zs-looks-good-stock-adds-82-in-session-200518482

Zscaler (ZS) Looks Good: Stock Adds 8.2% In Session

By Zacks Investment Research | Mar 24, 2020 08:34AM ET

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Zscaler, Inc. (NASDAQ:ZS) was a big mover last session, as the company saw its shares rises more than 8% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $39.50 to $53.39 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Zscaler currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Zscaler, Inc. Price

Zscaler, Inc. Price

Zscaler, Inc. price | Zscaler, Inc. Quote

A better-ranked stock in Internet - Services industry is Dropbox, Inc. (NASDAQ:DBX) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Zscaler (ZS) Looks Good: Stock Adds 8.2% In Session

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