Zoomcar Holdings Inc (NASDAQ: ZCAR) Is Either An Instant Disaster Or A Huge Opportunity.

IPW

In the latest trading session, 0.5 million Zoomcar Holdings Inc (NASDAQ:ZCAR) shares changed hands as the company’s beta touched 0.31. With the company’s most recent per share price at $3.01 changed hands at -$0.56 or -15.69% at last look, the market valuation stands at $2.14M. ZCAR’s current price is a discount, trading about -31328.57% off its 52-week high of $946.00. The share price had its 52-week low at $2.82, which suggests the last value was 6.31% up since then. When we look at Zoomcar Holdings Inc’s average trading volume, we note the 10-day average is 0.12 million shares, with the 3-month average coming to 75.52K.

Zoomcar Holdings Inc (NASDAQ:ZCAR) trade information

Instantly ZCAR was in red as seen in intraday trades today. With action -34.85%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -91.69%, with the 5-day performance at -34.85% in the red. However, in the 30-day time frame, Zoomcar Holdings Inc (NASDAQ:ZCAR) is -53.06% down. Looking at the short shares, we see there were 27859.0 shares sold at short interest cover period of 0.26 days.

Zoomcar Holdings Inc (NASDAQ:ZCAR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 3.60% of Zoomcar Holdings Inc shares while 0.58% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.60%.

With 108.0 shares estimated at $307.0 under it, the former controlled 0.00% of total outstanding shares.