Zoomcar Holdings Inc (NASDAQ: ZCAR) has a price-to-earnings ratio that is above its average at 0.02x. The stock has a 36-month beta value of -0.25.
The public float for ZCAR is 0.66M, and at present, short sellers hold a 4.88% of that float. On November 14, 2024, the average trading volume of ZCAR was 695.07K shares.
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ZCAR) stock’s latest price update
Zoomcar Holdings Inc (NASDAQ: ZCAR)’s stock price has plunge by 9.77relation to previous closing price of 6.50. Nevertheless, the company has seen a -8.17% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-14 that BANGALORE, India, Nov. 14, 2024 /PRNewswire/ — Zoomcar Holdings, Inc. (NASDAQ: ZCAR) (‘Zoomcar,’ or ‘we,’ or ‘our’), the leading marketplace for car sharing in India, today announced results for its second quarter ended September 30, 2024. Hiroshi Nishijima, CEO of Zoomcar stated, “By making customer experience our top priority, we’ve been able to organically boost guest repeat bookings and improve host retention.
ZCAR’s Market Performance
Zoomcar Holdings Inc (ZCAR) has seen a -8.17% fall in stock performance for the week, with a -45.12% decline in the past month and a -59.89% plunge in the past quarter. The volatility ratio for the week is 25.20%, and the volatility levels for the past 30 days are at 39.55% for ZCAR. The simple moving average for the past 20 days is 0.59% for ZCAR’s stock, with a -83.25% simple moving average for the past 200 days.
ZCAR Trading at -34.63% from the 50-Day Moving Average
After a stumble in the market that brought ZCAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.45% of loss for the given period.
Volatility was left at 39.55%, however, over the last 30 days, the volatility rate increased by 25.20%, as shares sank -38.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.80% lower at present.
During the last 5 trading sessions, ZCAR fell by -3.22%, which changed the moving average for the period of 200-days by -96.84% in comparison to the 20-day moving average, which settled at $7.11. In addition, Zoomcar Holdings Inc saw -98.07% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ZCAR
Current profitability levels for the company are sitting at:
- -0.7 for the present operating margin
- 0.46 for the gross margin
The net margin for Zoomcar Holdings Inc stands at -1.49. The total capital return value is set at 0.05. Equity return is now at value 6.10, with 17.04 for asset returns.
Based on Zoomcar Holdings Inc (ZCAR), the company’s capital structure generated -0.5 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23. The debt to equity ratio resting at -0.33. The interest coverage ratio of the stock is -913.2.
Currently, EBITDA for the company is -26.8 million with net debt to EBITDA at -6.59. When we switch over and look at the enterprise to sales, we see a ratio of 4.56. The receivables turnover for the company is 21.95for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.
Conclusion
To sum up, Zoomcar Holdings Inc (ZCAR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
