Zhihu Inc ADR (ZH) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is 0.25.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for ZH is 564.10M, and currently, short sellers hold a 1.99% ratio of that floaft. The average trading volume of ZH on April 03, 2024 was 1.79M shares.

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ZH) stock’s latest price update

Zhihu Inc ADR (NYSE: ZH)’s stock price has increased by 2.74 compared to its previous closing price of 0.73. However, the company has seen a 7.27% increase in its stock price over the last five trading sessions. PRNewsWire reported 2024-03-13 that BEIJING, March 13, 2024 /PRNewswire/ — Zhihu Inc. (“Zhihu” or the “Company”) (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced that it will report its unaudited financial results for the quarter and full year ended December 31, 2023 before the U.S. market opens on March 26, 2024. The Company’s management will host a conference call at 7:00 A.M.

ZH’s Market Performance

Zhihu Inc ADR (ZH) has seen a 7.27% rise in stock performance for the week, with a -3.51% decline in the past month and a -15.62% plunge in the past quarter. The volatility ratio for the week is 4.86%, and the volatility levels for the past 30 days are at 5.04% for ZH. The simple moving average for the last 20 days is 1.71% for ZH stock, with a simple moving average of -21.97% for the last 200 days.

Analysts’ Opinion of ZH

Many brokerage firms have already submitted their reports for ZH stocks, with CLSA repeating the rating for ZH by listing it as a “Outperform.” The predicted price for ZH in the upcoming period, according to CLSA is $1.50 based on the research report published on December 14, 2022 of the previous year 2022.

JP Morgan, on the other hand, stated in their research note that they expect to see ZH reach a price target of $1.50, previously predicting the price at $1.80. The rating they have provided for ZH stocks is “Neutral” according to the report published on May 16th, 2022.

Goldman gave a rating of “Neutral” to ZH, setting the target price at $4.70 in the report published on April 11th of the previous year.

ZH Trading at -1.37% from the 50-Day Moving Average

After a stumble in the market that brought ZH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.65% of loss for the given period.

Volatility was left at 5.04%, however, over the last 30 days, the volatility rate increased by 4.86%, as shares surge +2.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.88% lower at present.

During the last 5 trading sessions, ZH rose by +6.99%, which changed the moving average for the period of 200-days by -35.51% in comparison to the 20-day moving average, which settled at $0.7384. In addition, Zhihu Inc ADR saw -19.91% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for ZH

Current profitability levels for the company are sitting at:

  • -0.27 for the present operating margin
  • 0.54 for the gross margin

The net margin for Zhihu Inc ADR stands at -0.22. The total capital return value is set at -0.22. Equity return is now at value -16.31, with -11.57 for asset returns.

The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 14.87.

Currently, EBITDA for the company is -1.57 billion with net debt to EBITDA at 2.75. When we switch over and look at the enterprise to sales, we see a ratio of 0.03. The receivables turnover for the company is 6.55for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.28.

Conclusion

In a nutshell, Zhihu Inc ADR (ZH) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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