Shares of Zuora Inc. Class A (ZUO) Exceed 52-Week High

IBN Spotlights
Thursday, October 21, 2021 at 4:32pm UTC

Zuora Inc. Class A (NYSE:ZUO) traded at a new 52-week high today of $20.99. This new high was reached on below average trading volume as 348,000 shares traded hands, while the average 30-day volume is approximately 926,000 shares.

Zuora Inc. Class A share prices have moved between a 52-week high of $20.99 and a 52-week low of $9.27 and are now trading 126% above that low price at $20.98 per share.

Based on a current price of $20.98, Zuora Inc. Class A is currently 5.5% above its average consensus analyst price target of $19.82.

Zuora Inc provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The firm offers Zuora Central platform that acts as an intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition. Its products include Zuora Billing, Zuora RevPro, Zuora CPQ, and Zuora Collect. Zuora caters to various industries comprising software, hardware, media, transportation, construction, healthcare, education, retail, Internet of Things, and others worldwide. Geographically, it derives a majority of revenue from the United States.

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