Zhihu Inc ADR (NYSE: ZH) has seen a rise in its stock price by 6.20 in relation to its previous close of 2.59. However, the company has experienced a -3.49% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-06-26 that BEIJING, June 26, 2024 /PRNewswire/ — Zhihu Inc. (NYSE: ZH; HKEX: 2390) (“Zhihu” or the “Company”), a leading online content community in China, today announced that each of the proposed resolutions submitted for shareholders’ approval (the “Proposed Resolutions”) as set forth in the notice of annual general meeting dated May 30, 2024 (the “AGM Notice”) has been adopted at its annual general meeting of shareholders held in Beijing, China today. After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder are approved, including, among other things, that (i) Mr.
Is It Worth Investing in Zhihu Inc ADR (NYSE: ZH) Right Now?
Moreover, the 36-month beta value for ZH is 0.13. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ZH is 91.61M and currently, short sellers hold a 2.02% of that float. On June 28, 2024, ZH’s average trading volume was 392.37K shares.
ZH’s Market Performance
ZH stock saw a decrease of -3.49% in the past week, with a monthly decline of -16.65% and a quarterly a decrease of -32.97%. The volatility ratio for the week is 5.06%, and the volatility levels for the last 30 days are 5.08% for Zhihu Inc ADR (ZH). The simple moving average for the last 20 days is -10.81% for ZH stock, with a simple moving average of -43.63% 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 -22.59% 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 -63.33% of loss for the given period.
Volatility was left at 5.08%, however, over the last 30 days, the volatility rate increased by 5.06%, as shares sank -17.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.33% lower at present.
During the last 5 trading sessions, ZH fell by -3.51%, which changed the moving average for the period of 200-days by -55.50% in comparison to the 20-day moving average, which settled at $3.05. In addition, Zhihu Inc ADR saw -51.04% 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:
- -0.26 for the present operating margin
- 0.56 for the gross margin
The net margin for Zhihu Inc ADR stands at -0.2. The total capital return value is set at -0.23. Equity return is now at value -16.45, with -11.50 for asset returns.
Currently, EBITDA for the company is -1.08 billion with net debt to EBITDA at 1.88. When we switch over and look at the enterprise to sales, we see a ratio of 0.01. The receivables turnover for the company is 6.22for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.24.
Conclusion
To wrap up, the performance of Zhihu Inc ADR (ZH) has been bad in recent times. The stock has received a mixed of “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.
