Stocks of Zoomcar Holdings Inc (NASDAQ:ZCAR) traded higher last session on Wall Street, up 11.24% to $1.98.
ZCAR stock price is now -58.47% away from the 50-day moving average and -87.91% away from the 200-day moving average. The market capitalization of the company currently stands at $4.37M.
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In other news, Nishijima Hiroshi, Acting CEO bought 32,052 shares of the company’s stock on Dec 24 ’24. The stock was bought for $50,001 at an average price of $1.56. Upon completion of the transaction, the Acting CEO now directly owns 32,052 shares in the company, valued at $63462.96. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 05 ’24, Director Bailey Mark F. Sr. bought 184,112 shares of the business’s stock. A total of $787,999 was incurred on buying the stock at an average price of $4.28. This leaves the insider owning 1,534,496 shares of the company worth $3.04 million. A total of 6.09% of the company’s stock is owned by insiders.
During the past 12 months, Zoomcar Holdings Inc has had a low of $1.25 and a high of $761.00. The fifty day moving average price for ZCAR is $4.7676 and a two-hundred day moving average price translates $16.375 for the stock.
The latest earnings results from Zoomcar Holdings Inc (NASDAQ: ZCAR) was released for 2024-06-30. The net profit margin was 11.25% and return on equity was 6.10% for ZCAR. The company reported revenue of $2.25 million for the quarter, compared to $2.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -16.19 percent.
