Financial Fitness Check: Examining Zhongchao Inc (ZCMD)’s Key Ratios

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In the latest session, Zhongchao Inc (NASDAQ: ZCMD) closed at $1.13 down -9.60% from its previous closing price of $1.25. In other words, the price has decreased by -$9.60% from its previous closing price. On the day, 1.96 million shares were traded. ZCMD stock price reached its highest trading level at $1.2495 during the session, while it also had its lowest trading level at $1.055.

Ratios:

For a deeper understanding of Zhongchao Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.79 and its Current Ratio is at 12.22. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZCMD now has a Market Capitalization of 28536906 and an Enterprise Value of 18823818. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 1.187 whereas that against EBITDA is -172.233.

Stock Price History:

The Beta on a monthly basis for ZCMD is -0.03, which has changed by -0.07604253 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, ZCMD has reached a high of $2.97, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is -6.12%, while the 200-Day Moving Average is calculated to be -20.38%.

Shares Statistics:

For the past three months, ZCMD has traded an average of 183.68K shares per day and 1210480 over the past ten days. A total of 24.84M shares are outstanding, with a floating share count of 18.35M. Insiders hold about 27.34% of the company’s shares, while institutions hold 0.11% stake in the company. Shares short for ZCMD as of 1748563200 were 6045 with a Short Ratio of 0.03, compared to 1745971200 on 2177. Therefore, it implies a Short% of Shares Outstanding of 6045 and a Short% of Float of 0.02.