Zoomcar Holdings Inc [NASDAQ: ZCAR] stock went on an upward path that rose over 10.14% on Friday, amounting to a one-week price increase of more than 39.32%.
Over the last 12 months, ZCAR stock dropped by -98.97%.
The market cap for the stock reached $3.60 million, with 2.21 million shares outstanding and 2.11 million shares in the current float. Compared to the average trading volume of 1.88M shares, ZCAR stock reached a trading volume of 17989471 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Zoomcar Holdings Inc [ZCAR]:
The Average True Range (ATR) for Zoomcar Holdings Inc is set at 0.31, with the Price to Sales ratio for ZCAR stock in the period of the last 12 months amounting to 0.40.
ZCAR Stock Performance Analysis:
Zoomcar Holdings Inc [ZCAR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 39.32. With this latest performance, ZCAR shares dropped by -20.87% in over the last four-week period, additionally sinking by -84.92% over the last 6 months – not to mention a drop of -98.97% 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 47.54, with the RSI for the last a single of trading hit 59.44, and the three-weeks RSI is set at 42.66 for Zoomcar Holdings Inc [ZCAR]. The present Moving Average for the last 50 days of trading for this stock 2.3370, while it was recorded at 1.3680 for the last single week of trading, and 11.4765 for the last 200 days.
Insight into Zoomcar Holdings Inc 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.
