Shares of Zoomcar Holdings, Inc. (NASDAQ:ZCAR – Get Free Report) fell 6.6% during mid-day trading on Friday . The company traded as low as $0.13 and last traded at $0.13. 1,061,140 shares traded hands during trading, a decline of 83% from the average session volume of 6,141,324 shares. The stock had previously closed at $0.13.
Zoomcar Price Performance
The firm has a fifty day simple moving average of $0.14 and a 200 day simple moving average of $0.41.
Zoomcar (NASDAQ:ZCAR – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $2.24 million for the quarter.
Institutional Inflows and Outflows
About Zoomcar
Zoomcar Holdings, Inc operates a marketplace for car sharing in India, Indonesia, and Egypt. The company connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. Its platform offers vehicle searching and discovery, host and guest chat, vehicle and driver tracking, and ratings services.
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