Zoomcar (NASDAQ:ZCAR) Releases Earnings Results

Zoomcar (NASDAQ:ZCARGet Free Report) announced its quarterly earnings data on Friday. The company reported ($3.56) EPS for the quarter, Zacks reports.

Zoomcar Trading Up 10.1 %

Shares of ZCAR stock opened at $1.63 on Friday. Zoomcar has a 12 month low of $1.00 and a 12 month high of $183.00. The stock has a 50 day moving average of $2.13 and a two-hundred day moving average of $7.86.

Insider Buying and Selling

In related news, CEO Hiroshi Nishijima bought 32,052 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The stock was acquired at an average price of $1.56 per share, for a total transaction of $50,001.12. Following the transaction, the chief executive officer now directly owns 32,052 shares of the company’s stock, valued at $50,001.12. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.60% of the stock is owned by corporate insiders.

About Zoomcar

(Get Free Report)

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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