Zillow Stock Gaps Down On Today's Open (Z)

Shares of Zillow (Nasdaq:Z) were gapping down Tuesday morning with an open price 16.2% lower than Monday's closing price. The stock closed at $34.37 yesterday and opened today's trading at $28.80.
By TheStreet Wire ,

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

.

NEW YORK (

TheStreet

) -- Shares of

Zillow

(Nasdaq:

Z

) were gapping down Tuesday morning with an open price 16.2% lower than Monday's closing price. The stock closed at $34.37 Monday and opened today's trading at $28.80.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The average volume for Zillow has been 1.1 million shares per day over the past 30 days. Zillow has a market cap of $1.21 billion and is part of the services sector and diversified services industry. Shares are up 61.4% year to date as of the close of trading on Monday.

Zillow, Inc. engages in the operation of a real estate information marketplace in the United States. The company has a P/E ratio of 362.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Zillow as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation. You can view the full

Zillow Ratings Report

.

Get more investment ideas from our

investment research center

.

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!

.

null

Loading ...