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How to Buy Zoomcar Holdings Stock

Zoomcar Holdings Inc

Zoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt.

Zoomcar Holdings stock last closed at $0.61, up 5.33% from the previous day, and has decreased 94.24% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 1.34 percentage points. Zoomcar Holdings stock is currently +9.07% from its 52-week low of $0.56, and -95.84% from its 52-week high of $14.75.

At the moment, there are 39.71M shares of ZCAR outstanding. The market cap of ZCAR is $24.34M. In the last 24 hours, 389,604 ZCAR shares were traded.

How to Buy Zoomcar Holdings Stock

Not sure how to invest in Zoomcar Holdings stock? Here's how.
  1. Figure out where to buy Zoomcar Holdings stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Zoomcar Holdings stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick your method of payment and add your info.
  4. Analyze Zoomcar Holdings stock: The Zoomcar Holdings ticker symbol is ZCAR. Is Zoomcar Holdings stock a good investment? Should you buy shares of ZCAR? How do ZCAR's underlying business fundamentals look? Do top analysts think Zoomcar Holdings is a good buy? Why has ZCAR's stock price moved recently? (Hint: Our stock analysis website can help you understand if ZCAR is a good stock to buy).
  5. Execute your ZCAR purchase: Decide if you will purchase ZCAR shares at the current market price or use a limit order to buy ZCAR stock at a specific price.
  6. Get the latest news on your ZCAR position: Create a watchlist to important updates regarding your investment in Zoomcar Holdings stock.

Step 1: Figure out where to buy Zoomcar Holdings stock

You will need a brokerage account in order to access the NASDAQ market and buy ZCAR shares.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal details so you can buy ZCAR stock today.

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Step 3: Fund your brokerage account

Now that you have filled out your info on stock apps to use, your next step is to transfer the money for your investment:

Watch the video below to see the process of depositing funds into your investment account.

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Step 4: Analyze Zoomcar Holdings stock

Once you have decided on the best place to buy Zoomcar Holdings stock, it's important to research their stock prior to investing, so you truly understand the risk as well as the opportunity.

Zoomcar Holdings Numbers

ZCAR Price
$0.61
1w %
-22.41%
1y %
-94.24%
5y %
N/A
P/E
-0.41x
P/B
-0.93x
P/S
0.12x
PEG
N/A
Revenue
$16.54M
Earnings
-$86.93M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$24.34M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of ZCAR

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on ZCAR's stock page.

What is the fair value of ZCAR stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge ZCAR's true value.

You can do additional valuation analysis on ZCAR's stock here.

A quick look at ZCAR Financials

Signs that ZCAR is not financially healthy:

  • ZCAR profit margin has gone down from -321.5% to -525.5% in the past year.
  • ZCAR has cash burn of 43591873. It does not have sufficient cash and short-term investments to cover this.
  • ZCAR has $6.28M in cash and short term investments. This is not sufficient to cover its annual cash burn of $43.59M.
  • There are more long-term liabilities than short-term assets on the ZCAR balance sheet.
  • There are more short-term liabilities than short-term assets on the ZCAR balance sheet.
  • Total ZCAR debt is still negative.
  • ZCAR debt to equity ratio of -1.64 is negative.

ZCAR Technical Indicators

SMA10
0.82
SMA20
1.07
SMA50
1.77
SMA100
5.09
SMA200
8.06
MACD
-0.4
MACD Signal
-0.42
MACD Histogram
0.02
RSI
24.11
Stochastic %K
2.28
Stochastic %D
1.99
StochRSI %K
5.83
StochRSI %D
1.94

ZCAR Revenue

Last year, ZCAR revenue was $16.54M. In the past one years, ZCAR's revenue has increased by -15.55% per year. This was slower than the Rental & Leasing Services industry average of 11.78%.

Dive into ZCAR's earnings and revenue performance here.

Are ZCAR executives and large shareholders buying or selling the stock?

Over the last year, insiders at ZCAR have not bought or sold any shares.

Research more about who owns ZCAR shares here.

Can I rely on ZCAR as an income stream?

No, Zoomcar Holdings doesn't provide an income stream by paying out dividends.

What others are saying about ZCAR

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your ZCAR purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.

Click the Open button and eToro will place your order.

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Step 6: Get the latest news on your ZCAR position

Now that you own some ZCAR shares, you'll want to keep up with your new stock purchase.

Create a watchlist to track the latest developments regarding your ZCAR stock.

ZCAR Feed

How to Buy Stock in Zoomcar Holdings

To summarize, here are the 6 steps to buy Zoomcar Holdings stock:

  1. Figure out where to buy Zoomcar Holdings stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Analyze Zoomcar Holdings stock
  5. Execute your ZCAR purchase
  6. Get the latest news on your ZCAR position

If you need a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Zoomcar Holdings, create a watchlist on WallStreetZen today.

NASDAQ: ZCAR
$0.61+0.03 (+5.33%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: ZCAR
$0.61+0.03 (+5.33%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Zoomcar Holdings share?

As of Mar 28, 2024, it costs $0.61 to buy one share of Zoomcar Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.31, you can buy 0.5 shares of ZCAR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Zoomcar Holdings stock?

One way to place an order for Zoomcar Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.