Shares of Zscaler Inc. (NASDAQ:ZS) traded at a new 52-week high today of $240.33. This new high was reached on below average trading volume as 705,000 shares traded hands, while the average 30-day volume is approximately 1.7 million shares.
In the past 52 weeks, shares of Zscaler Inc. have traded between a low of $116.88 and a high of $240.33 and is now at $237.45, which is 103% above that low price.
Zscaler Inc. (NASDAQ:ZS) is currently priced 48.7% above its average consensus analyst price target of $121.93.
Zscaler Inc is a security-as-a-service firm that offers its customers cloud-delivered solutions for protecting user devices and data. The firm leverages its position in 150 colocation data centers to deliver traditionally appliance-based security functionality, such as firewalls and sandboxes, as a completely cloud-native platform. The firm focuses on large enterprise customers and offers two primary product suites: Zscaler Internet Access, which securely connects users to externally managed applications and websites (such as Salesforce and Google), and Zscaler Private Access, which securely connects users to internally managed applications. Both product suites encompass a broad gamut of capabilities situated across the traditional security stack.
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