Market Insights: Zoomcar Holdings Inc (ZCAR)’s Notable Gain of 14.31, Closing at 7.43

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As of close of business last night, Zoomcar Holdings Inc’s stock clocked out at $7.43, up 14.31% from its previous closing price of $6.50. In other words, the price has increased by $14.31 from its previous closing price. On the day, 3.07 million shares were traded. ZCAR stock price reached its highest trading level at $9.85 during the session, while it also had its lowest trading level at $6.91.

Ratios:

To gain a deeper understanding of ZCAR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.07.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZCAR now has a Market Capitalization of 5624354 and an Enterprise Value of 23854128. As of this moment, Zoomcar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61. Its current Enterprise Value per Revenue stands at 2.505 whereas that against EBITDA is -1.046.

Stock Price History:

Over the past 52 weeks, ZCAR has reached a high of $1289.00, while it has fallen to a 52-week low of $3.93. The 50-Day Moving Average of the stock is -31.97%, while the 200-Day Moving Average is calculated to be -82.56%.

Shares Statistics:

It appears that ZCAR traded 695.07K shares on average per day over the past three months and 3805390 shares per day over the past ten days. A total of 0.75M shares are outstanding, with a floating share count of 0.66M. Insiders hold about 12.17% of the company’s shares, while institutions hold 1.91% stake in the company. Shares short for ZCAR as of 1730332800 were 32209 with a Short Ratio of 0.05, compared to 1727654400 on 7590. Therefore, it implies a Short% of Shares Outstanding of 32209 and a Short% of Float of 4.81.

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