The stock of Zhongchao Inc (ZCMD) has gone down by -5.33% for the week, with a -16.67% drop in the past month and a -47.04% drop in the past quarter. The volatility ratio for the week is 14.37%, and the volatility levels for the past 30 days are 18.18% for ZCMD. The simple moving average for the past 20 days is -1.80% for ZCMD’s stock, with a -77.05% simple moving average for the past 200 days.
Is It Worth Investing in Zhongchao Inc (NASDAQ: ZCMD) Right Now?
Company’s 36-month beta value is 0.21.
The public float for ZCMD is 1.47M, and currently, short sellers hold a 2.68% ratio of that floaft. The average trading volume of ZCMD on May 06, 2024 was 996.83K shares.
ZCMD) stock’s latest price update
The stock of Zhongchao Inc (NASDAQ: ZCMD) has decreased by -8.83 when compared to last closing price of 1.75.Despite this, the company has seen a loss of -5.33% in its stock price over the last five trading days. InvestorPlace reported 2024-04-04 that Zhongchao (NASDAQ: ZCMD ) stock is soaring higher on Thursday alongside heavy pre-market trading of the Chinese healthcare information, education and training services company’s shares. This has more than 5.3 million shares of ZCMD stock changing hands as of this writing.
ZCMD Trading at -19.40% from the 50-Day Moving Average
After a stumble in the market that brought ZCMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.57% of loss for the given period.
Volatility was left at 18.18%, however, over the last 30 days, the volatility rate increased by 14.37%, as shares sank -23.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -58.20% lower at present.
During the last 5 trading sessions, ZCMD fell by -5.33%, which changed the moving average for the period of 200-days by -87.20% in comparison to the 20-day moving average, which settled at $1.6043. In addition, Zhongchao Inc saw -54.43% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ZCMD
Current profitability levels for the company are sitting at:
- -0.28 for the present operating margin
- 0.44 for the gross margin
The net margin for Zhongchao Inc stands at -0.58. The total capital return value is set at -0.37. Equity return is now at value -47.30, with -35.97 for asset returns.
Based on Zhongchao Inc (ZCMD), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1.
Currently, EBITDA for the company is -4.49 million with net debt to EBITDA at 0.97. When we switch over and look at the enterprise to sales, we see a ratio of 0.18. The receivables turnover for the company is 9.67for trailing twelve months and the total asset turnover is 1.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.99.
Conclusion
In a nutshell, Zhongchao Inc (ZCMD) 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.
