Internet Content Firm Perched Near Prior High - Monday, October 25, 2021
Internet Content Firm Perched Near Prior High - Monday, October 25, 2021
Ziff Davis Inc (ZD +$1.64 or +1.30% to $127.55) is perched within close striking distance of its 52-week high after today's 5th consecutive gain. Its color code was changed to yellow with pivot point cited based on its 7/29/21 high plus 10 cents when highlighted in the earlier mid-day report (read here). A subsequent solid gain and close above the pivot point backed by at least +40% above average volume may trigger a technical buy signal.
It has an Earnings Per Share Rating of 91. Its past 3 quarterly comparisons through Jun '21 versus the year ago periods had earnings increases above the +25% minimum guideline and its annual earnings (C and A criteria) history has been strong. Recent quarterly comparisons also showed encouraging acceleration in its sales revenues growth rate.
The high ranked Internet-Content firm has only 48.2 million shares outstanding (S criteria), which can contribute to greater volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 631 in Dec '20 to 731 in Sep '21, a reassuring sign concerning the I criteria. It has a Timeliness Rating of B and Sponsorship Rating of C.
