Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Zhongchao Inc’s stock clocked out at $1.72, up 8.18% from its previous closing price of $1.59. In other words, the price has increased by $8.18 from its previous closing price. On the day, 2.76 million shares were traded. ZCMD stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.5.
Ratios:
To gain a deeper understanding of ZCMD’s stock, we examine 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 4247901 and an Enterprise Value of -3756961. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at -0.218 whereas that against EBITDA is 0.498.
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 -26.18%, while the 200-Day Moving Average is calculated to be -76.74%.
Shares Statistics:
It appears that ZCMD traded 917.63K shares on average per day over the past three months and 3802760 shares per day over the past ten days. 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 0.01, compared to 1709164800 on 10991. Therefore, it implies a Short% of Shares Outstanding of 8048 and a Short% of Float of 0.47000000000000003.
