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ZTO Express (Cayman) Inc ADR [ZTO] Insider Activity: An Update for Investors

In a filing, ZTO Express (Cayman) Inc ADR revealed its Other: Shareholder ZTO ES HOLDING LIMITED acquired Company’s shares for reported $3.8 million on Dec 02 ’24. In the deal valued at $19.00 per share,200,000 shares were bought.

Then, ZTO ES HOLDING LIMITED bought 500,000 shares, generating $10,490,000 in total proceeds.

HSBC Securities downgraded its ZTO Express (Cayman) Inc ADR [ZTO] rating to a Hold from a a Buy in a research note published on January 21, 2025; the price target was decreased to $20 from $28. A number of analysts have revised their coverage, including Macquarie’s analysts, who decreased its forecast for the stock in late June from “an Outperform” to “a Neutral”. BofA Securities also remained covering ZTO and has decreased its forecast on November 07, 2023 with a “Neutral” recommendation from previously “Buy” rating. Goldman revised its rating on April 25, 2023. It rated ZTO as “a Buy” which previously was an “a Neutral”.

Price Performance Review of ZTO

On Friday, ZTO Express (Cayman) Inc ADR [NYSE:ZTO] saw its stock fall -2.20% to $18.66. Over the last five days, the stock has lost -0.11%. ZTO Express (Cayman) Inc ADR shares have fallen nearly -4.55% since the year began. Nevertheless, the stocks have risen 13.23% over the past one year. While a 52-week high of $27.50 was reached on 01/21/25, a 52-week low of $15.90 was recorded on 01/10/25. SMA at 50 days reached $19.16, while 200 days put it at $21.27.

Levels Of Support And Resistance For ZTO Stock

The 24-hour chart illustrates a support level at 18.45, which if violated will result in even more drops to 18.24. On the upside, there is a resistance level at 18.97. A further resistance level may holdings at 19.28. The Relative Strength Index (RSI) on the 14-day chart is 45.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.41%. Stochastics %K at 52.11% indicates the stock is a holding.

How much short interest is there in ZTO Express (Cayman) Inc ADR?

A steep rise in short interest was recorded in ZTO Express (Cayman) Inc ADR stocks on 2024-10-31, growing by 3.21 million shares to a total of 20.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 17.42 million shares. There was a rise of 15.56%, which implies that there is a positive sentiment for the stock.

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