ZoomInfo Technologies Inc. (GTM) shares have broken above their 200-day moving average of $10.18, reaching a high of $10.78 per share, a 6.4% increase on the day. The stock's 52-week range is between $7.01 and $13.39. This move is considered bullish for GTM.
ZoomInfo Technologies Inc. (GTM) shares experienced a significant upward movement on Friday, crossing above their 200-day moving average of $10.18 and reaching a high of $10.78 per share. This represents a 6.4% increase on the day, indicating a bullish trend for the stock [2]. The stock's 52-week range remains between $7.01 and $13.39, with the current price at $10.75.
The move above the 200-day moving average is considered a bullish signal, as it suggests that the stock is overcoming resistance and may continue to rise. This momentum is supported by positive analyst ratings and increased institutional ownership. Analysts have raised their target prices for GTM, with Barclays and Piper Sandler setting the target as high as $11.00 [3]. Institutional investors now hold 95.47% of the company's stock, with significant recent acquisitions by Fuller & Thaler Asset Management Inc., Jericho Capital Asset Management L.P., and others [3].
ZoomInfo Technologies provides a go-to-market intelligence platform for sales and marketing teams, delivering high-quality data and insights to help professionals identify target customers and decision-makers. The company's cloud-based platform offers predictive lead scoring, buying signal monitoring, and automated sales tools, among other features. Despite recent earnings that beat expectations, the stock has been relatively volatile, with a 1.88 beta indicating sensitivity to market movements [1].
The stock's recent performance and positive analyst ratings suggest that GTM is poised for further growth. However, investors should remain vigilant and monitor the company's earnings reports and other key developments to assess the sustainability of this bullish trend.
References:
[1] https://marketchameleon.com/Overview/GTM/Summary/
[2] https://www.nasdaq.com/articles/zoominfo-technologies-breaks-above-200-day-moving-average-bullish-gtm
[3] https://www.marketbeat.com/instant-alerts/filing-5193266-shares-in-zoominfo-technologies-inc-zi-acquired-by-fuller-thaler-asset-management-inc-2025-08-19/
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