Zoomcar Holdings Inc’s recently made public that its Acting CEO Nishijima Hiroshi acquired Company’s shares for reported $50001.0 on Dec 24 ’24. In the deal valued at $1.56 per share,32,052 shares were bought. As a result of this transaction, Nishijima Hiroshi now holds 32,052 shares worth roughly $63462.96.
Then, Bailey Mark F. Sr. bought 184,112 shares, generating $787,999 in total proceeds. Upon buying the shares at $4.28, the Director now owns 1,534,496 shares.
Price Performance Review of ZCAR
On Monday, Zoomcar Holdings Inc [NASDAQ:ZCAR] saw its stock fall -3.41% to $1.98. Over the last five days, the stock has lost -21.74%. Zoomcar Holdings Inc shares have risen nearly 9.39% since the year began. Nevertheless, the stocks have fallen -99.23% over the past one year. While a 52-week high of $761.00 was reached on 01/03/25, a 52-week low of $1.25 was recorded on 01/02/25. SMA at 50 days reached $5.05, while 200 days put it at $17.42.
Levels Of Support And Resistance For ZCAR Stock
The 24-hour chart illustrates a support level at 1.84, which if violated will result in even more drops to 1.69. On the upside, there is a resistance level at 2.19. A further resistance level may holdings at 2.39. The Relative Strength Index (RSI) on the 14-day chart is 38.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.25%. Stochastics %K at 14.61% indicates the stock is a buying.
How much short interest is there in Zoomcar Holdings Inc?
A steep rise in short interest was recorded in Zoomcar Holdings Inc stocks on 2024-10-31, growing by 24619.0 shares to a total of 32209.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 7590.0 shares. There was a rise of 76.44%, which implies that there is a positive sentiment for the stock.
