Zoomcar Holdings Inc [ZCAR] is -99.23% lower this YTD. Is it still time to buy?

Zoomcar Holdings Inc [NASDAQ: ZCAR] surged by $1.4 during the normal trading session on while it closed the day at $2.83.

Zoomcar Holdings Inc stock has also gained 114.39% of its value over the past 7 days. However, ZCAR stock has declined by -79.67% in the 3 months of the year. Over the past six months meanwhile, it has lost -82.03% and lost -99.23% year-on date.

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The market cap for ZCAR stock reached $6.25 million, with 2.21 million shares outstanding and 2.11 million shares in the current float. Compared to the average trading volume of 1.13M shares, ZCAR reached a trading volume of 60152191 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Zoomcar Holdings Inc [ZCAR]:

The Average True Range (ATR) for Zoomcar Holdings Inc is set at 1.27, with the Price to Sales ratio for ZCAR stock in the period of the last 12 months amounting to 0.69.

ZCAR stock trade performance evaluation

Zoomcar Holdings Inc [ZCAR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 114.39. With this latest performance, ZCAR shares dropped by -49.73% in over the last four-week period, additionally sinking by -82.03% over the last 6 months – not to mention a drop of -99.77% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZCAR stock in for the last two-week period is set at 41.44, with the RSI for the last a single of trading hit 45.16, and the three-weeks RSI is set at 40.42 for Zoomcar Holdings Inc [ZCAR]. The present Moving Average for the last 50 days of trading for this stock 5.9200, while it was recorded at 1.9700 for the last single week of trading, and 20.6200 for the last 200 days.

Zoomcar Holdings Inc [ZCAR]: An insightful look at the core fundamentals

Zoomcar Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.07 and a Current Ratio set at 0.07.

Zoomcar Holdings Inc [ZCAR]: Institutional Ownership