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Zoomcar Holdings ( (ZCAR) ) just unveiled an update.
On May 8, 2025, Zoomcar Holdings announced its transition from the Nasdaq Global Markets to trading on the OTCQX Best Market and the OTCQB Venture Market. This move is expected to ensure continuity in trading of its common stock while enhancing transparency and visibility for investors. Zoomcar aims to list on a national exchange in the U.S. later this year, supporting its mission of providing affordable and flexible transportation solutions.
Spark’s Take on ZCAR Stock
According to Spark, TipRanks’ AI Analyst, ZCAR is a Underperform.
The overall score reflects significant financial distress and technical weakness. Zoomcar Holdings is grappling with negative margins, high leverage, and insufficient cash flows, indicating severe financial instability. Technical analysis confirms bearish momentum, and the negative P/E ratio underscores valuation challenges. Without positive earnings or dividends, the stock remains unattractive to investors.
To see Spark’s full report on ZCAR stock, click here.
More about Zoomcar Holdings
Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for self-drive car sharing focused in India. The Zoomcar community connects Hosts with Guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in India.
Average Trading Volume: 1,167,363
Technical Sentiment Signal: Sell
Current Market Cap: $4.23M
Find detailed analytics on ZCAR stock on TipRanks’ Stock Analysis page.