Zebra Technologies Corporation (ZBRA) to Report Earnings Next Week

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The ZBRA stock price fluctuated between $544.6 and $550 throughout the trading session with the volume trading being 59356 shares, which represented a negative variation when compared to the three months average volume of 264052 shares.

The share price of Zebra Technologies Corporation (NasdaqGS:ZBRA) dipped -0.58% to close Friday’s market session at $544.93, lower as compared to yesterday’s close which brings the market valuation of the company to $29.16B.

The 52-week high for the Zebra Technologies Corporation’s shares is $554.10. That puts it -1.65% from that peak but still a 95.23% gain since the share price dropped to a 52-week low of $246.83, while the S&P 500’s share price change was of 35.10%.

The company currently has a 45.67 P/E ratio and a price target of $540.25.

What does the trading volume tell us about the ZBRA stock?

During the last trading session, Zebra Technologies Corporation (NasdaqGS:ZBRA) has seen growth in its daily volume. The daily volume was of 264052, while in the last 10 days the average was 186.18k and last three months – 264.05k.
The increasing interest in the ZBRA stock from the investors is helping to drive the stock price up.

Growing short interest

The Zebra Technologies Corporation’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 592.03k shares being shorted which translates into 2.37 of a short ratio for ZBRA, while in the previous month the shorted shares were 439.19k.

Zebra Technologies Corporation (NasdaqGS:ZBRA) financials

With a market cap of 29.16B, Zebra Technologies Corporation holds a total cash of $177M that translates into $3.31 per share, while the total debt is of $1.25B.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 28.00%. The current revenue is of $4.74B that is $88.87 per share.
This is a great sign for a bright future.