ZUO - Shares of Zuora Inc. Class A (ZUO) Have Risen Above Previous 52-Week High
Zuora Inc. Class A (NYSE:ZUO) traded at a new 52-week high today of $18.64. So far today approximately 433,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Over the past year, Zuora Inc. Class A has traded in a range of $9.15 to $18.64 and is now at $18.29, 100% above that low.
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.
Potential upside of 0.1% exists for Zuora Inc. Class A, based on a current level of $18.29 and analysts' average consensus price target of $18.30.
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