Zoomcar Holdings Inc. (NASDAQ: ZCAR) is -97.86% lower on its value in year-to-date trading and has touched a low of $0.10 and a high of $14.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZCAR stock was last observed hovering at around $0.10 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.08, the stock is -40.15% and -41.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.58 million and changing -23.67% at the moment leaves the stock -90.24% off its SMA200. ZCAR registered -99.30% loss for a year compared to 6-month loss of -80.80%. The firm has a 50-day simple moving average (SMA 50) of $0.13548 and a 200-day simple moving average (SMA200) of $0.809735.
The stock witnessed a -44.95% gain in the last 1 month and extending the period to 3 months gives it a -43.17%, and is -43.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 21.54% over the week and 9.94% over the month.
Current P/E ratio is 0.02. Profit margin for the company is 52.45%. Distance from 52-week low is -19.39% and -99.46% from its 52-week high.
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Zoomcar Holdings Inc. (ZCAR) Top Institutional Holders
The shares outstanding are 75.70M, and float is at 66.55M with Short Float at 1.14%.
Zoomcar Holdings Inc. (ZCAR) Insider Activity
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