The price-to-earnings ratio for Zoomcar Holdings Inc (NASDAQ: ZCAR) is above average at 0.00x, Company’s 36-month beta value is -0.37.
The public float for ZCAR is 1.97M, and currently, short sellers hold a 2.42% ratio of that floaft. The average trading volume of ZCAR on December 16, 2024 was 724.94K shares.
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ZCAR) stock’s latest price update
Zoomcar Holdings Inc (NASDAQ: ZCAR)’s stock price has decreased by -69.30 compared to its previous closing price of 5.18. However, the company has seen a -70.27% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-19 that BANGALORE, India, Nov. 19, 2024 /PRNewswire/ — Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (NASDAQ: ZCAR), the leading marketplace for car sharing in India, is excited to introduce Zoomcar Subscription, a new service designed to provide affordable long-term car sharing options. Through this offering, Guests can now book self-drive cars for extended periods, starting with minimum 7 days to more than 30 days, benefiting from progressively lower daily rates for longer durations.
ZCAR’s Market Performance
Zoomcar Holdings Inc (ZCAR) has seen a -70.27% fall in stock performance for the week, with a -78.60% decline in the past month and a -87.86% plunge in the past quarter. The volatility ratio for the week is 10.20%, and the volatility levels for the past 30 days are at 14.24% for ZCAR. The simple moving average for the last 20 days is -70.79% for ZCAR stock, with a simple moving average of -93.70% for the last 200 days.
ZCAR Trading at -79.05% 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 -99.88% of loss for the given period.
Volatility was left at 14.24%, however, over the last 30 days, the volatility rate increased by 10.20%, as shares sank -76.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -87.74% lower at present.
During the last 5 trading sessions, ZCAR fell by -69.53%, which changed the moving average for the period of 200-days by -99.01% in comparison to the 20-day moving average, which settled at $5.45. In addition, Zoomcar Holdings Inc saw -99.57% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZCAR starting from Bailey Mark F. Sr., who purchase 184,112 shares at the price of $4.28 back on Nov 05 ’24. After this action, Bailey Mark F. Sr. now owns 1,534,496 shares of Zoomcar Holdings Inc, valued at $787,999 using the latest closing price.
Stock Fundamentals for ZCAR
Current profitability levels for the company are sitting at:
- -1.95 for the present operating margin
- 0.26 for the gross margin
The net margin for Zoomcar Holdings Inc stands at -368.29. The total capital return value is set at 0.0. Equity return is now at value 6.10, with 5.53 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 -5.37.
Currently, EBITDA for the company is -26.8 million with net debt to EBITDA at 870.68. When we switch over and look at the enterprise to sales, we see a ratio of 1198.36. The receivables turnover for the company is 12.63for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.07.
Conclusion
In a nutshell, Zoomcar Holdings Inc (ZCAR) 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.
