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After finishing at $1.37 in the prior trading day, Zhongchao Inc (NASDAQ: ZCMD) closed at $1.45, up 5.84%. In other words, the price has increased by $5.84 from its previous closing price. On the day, 1.84 million shares were traded. ZCMD stock price reached its highest trading level at $1.5541 during the session, while it also had its lowest trading level at $1.28.
Ratios:
Our goal is to gain a better understanding of ZCMD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.71 and its Current Ratio is at 10.66. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 3581079 and an Enterprise Value of -4121369. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at -0.239 whereas that against EBITDA is 0.546.
Stock Price History:
Over the past 52 weeks, ZCMD has reached a high of $13.99, while it has fallen to a 52-week low of $1.20. The 50-Day Moving Average of the stock is -40.34%, while the 200-Day Moving Average is calculated to be -80.79%.
Shares Statistics:
The stock has traded on average 350.14K shares per day over the past 3-months and 319070 shares per day over the last 10 days, according to various share statistics. A total of 7.42M shares are outstanding, with a floating share count of 1.47M. Insiders hold about 80.23% of the company’s shares, while institutions hold 0.02% stake in the company. Shares short for ZCMD as of 1711584000 were 8048 with a Short Ratio of 0.02, compared to 1709164800 on 10991. Therefore, it implies a Short% of Shares Outstanding of 8048 and a Short% of Float of 0.47000000000000003.
Earnings Estimates
Zhongchao Inc (ZCMD) is currently under the scrutiny of Tactile Systems Technology, Inc analysts, each contributing to the ongoing evaluation of its stock.
