The stock of Zhihu Inc ADR (ZH) has gone down by -11.86% for the week, with a 5.23% rise in the past month and a 2.40% rise in the past quarter. The volatility ratio for the week is 4.33%, and the volatility levels for the past 30 days are 6.46% for ZH. The simple moving average for the past 20 days is -11.11% for ZH’s stock, with a -11.28% simple moving average for the past 200 days.
Is It Worth Investing in Zhihu Inc ADR (NYSE: ZH) Right Now?
Company’s 36-month beta value is 0.18.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 1 as “sell.”
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The public float for ZH is 92.52M, and currently, short sellers hold a 1.76% ratio of that floaft. The average trading volume of ZH on October 17, 2024 was 399.62K shares.
ZH) stock’s latest price update
The stock price of Zhihu Inc ADR (NYSE: ZH) has plunged by -6.56 when compared to previous closing price of 3.66, but the company has seen a -11.86% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-16 that BEIJING, Oct. 16, 2024 /PRNewswire/ — Zhihu Inc. (NYSE: ZH; HKEX: 2390) (“Zhihu” or the “Company”), a leading online content community in China, today announced that the proposed ordinary resolution relating to the all cash tender offers (the “Offers”) that commenced on September 9, 2024 to buy back up to 46,921,448 Class A ordinary shares of the Company (including in the form of American depositary shares (the “ADSs”)) at an offer price of HK$9.11 per Class A ordinary share (equivalent of US$3.50 per ADS) submitted for shareholders’ approval (the “Proposed Resolution”) as set forth in the notice of extraordinary general meeting dated September 9, 2024 has been duly adopted at the extraordinary general meeting held in Beijing, China today. After the adoption of the Proposed Resolution on October 16, 2024, the Offers have become unconditional.
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 -1.40% 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 -46.23% of loss for the given period.
Volatility was left at 6.46%, however, over the last 30 days, the volatility rate increased by 4.33%, as shares surge +5.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.74% upper at present.
During the last 5 trading sessions, ZH fell by -11.47%, which changed the moving average for the period of 200-days by -35.59% in comparison to the 20-day moving average, which settled at $3.85. In addition, Zhihu Inc ADR saw -39.13% 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:
- -0.23 for the present operating margin
- 0.57 for the gross margin
The net margin for Zhihu Inc ADR stands at -0.16. The total capital return value is set at -0.21. Equity return is now at value -13.22, with -9.22 for asset returns.
Currently, EBITDA for the company is -1.08 billion with net debt to EBITDA at 2.94. When we switch over and look at the enterprise to sales, we see a ratio of -0.2. The receivables turnover for the company is 7.06for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.48.
Conclusion
In a nutshell, Zhihu Inc ADR (ZH) has experienced a mixed 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.
