How Do Analysts Feel About Zoomcar Holdings Inc (ZCAR)?

Zoomcar Holdings Inc (ZCAR) saw an uptrend of 4.42% in the recent trading with $1.89 being its most recent. The current price level -99.75% lower than the highest price of $761.00 marked by the stock while trading over the past 52-weeks, whereas it is 51.20% higher than the lowest price of $1.25 the company dropped to over past 52-weeks. The latest news story on ZCAR appeared in (PR Newswire) under the title “Zoomcar Revamps Website Amid 43% Booking Surge in November, Driven by Rising Wedding Demand”.

Squeezing the time span to 30 day period shows us the stock is currently trading -69.52% below one month high and is +51.20% above of the lowest during that time. Looking into the simple moving average, Zoomcar Holdings Inc (ZCAR)’s stock stands at a SMA-50 of $5.2194 while that of 5-day is reading $2.2360.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ZCAR’s SMA-200 as of now is $18.3435.

Zoomcar Holdings Inc Earnings – What Happened With ZCAR

Coming around sales and income figures on ZCAR Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

ZCAR – Zoomcar Holdings Inc Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 2.21 million. ZCAR does have institutional investors; and they hold 9.77% of the stock.

Zoomcar Holdings Inc – Insider Activity and Holdings

Technical Analysis of Zoomcar Holdings Inc (NASDAQ:ZCAR) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Zoomcar Holdings Inc (ZCAR), we notice that the stock’s 20-day average volume is at 4,517,470 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 2,719,100 shares. And to end, ZCAR’s 100-day average volume is 1,405,401 shares with 100% of the long-term indicators pointing towards Sell for the stock.