Zoomcar (NASDAQ:ZCAR – Get Free Report) released its quarterly earnings results on Friday. The company reported ($3.56) earnings per share for the quarter, Zacks reports.
Zoomcar Stock Up 10.1 %
ZCAR stock opened at $1.63 on Friday. The business has a fifty day moving average price of $2.13 and a 200 day moving average price of $7.86. Zoomcar has a fifty-two week low of $1.00 and a fifty-two week high of $183.00.
Insider Activity
In other news, CEO Hiroshi Nishijima bought 32,052 shares of the stock in a transaction dated Tuesday, December 24th. The stock was bought at an average cost of $1.56 per share, with a total value of $50,001.12. Following the purchase, the chief executive officer now owns 32,052 shares of the company’s stock, valued at approximately $50,001.12. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.60% of the company’s stock.
Zoomcar Company Profile
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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