P/E Ratio Insights for Zoom Video Communications
In the current market session, Zoom Video Communications Inc. (NASDAQ: ZM) is trading at $505.60, after a 2.54% drop. However, over the past month, the stock spiked by 23.87%, and in the past year, by 654.29%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session.
Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently below from its 52 week high by 4.56%.