No Stopping ZTO Express (Cayman) Inc ADR (NYSE: ZTO) These Days

ZTO Express (Cayman) Inc ADR (NYSE:ZTO) does about 3.81M shares in volume on a normal day but saw 3452300 shares change hands in Monday trading. The company now has a market cap of 12.10B USD. Its current market price is $20.15, marking an increase of 0.70% compared to the previous close of $20.01. The 52 week high reached by this stock is $28.04 whilst the lowest price level in 52 weeks is $15.90.

ZTO Express (Cayman) Inc ADR (ZTO) has a 20-day trading average at $21.66 and the current price is -28.14% off the 52-week high compared with 26.77% distance from its 52-week low. The 50-day simple moving average of the closing price is $22.23 and its 200-day simple moving average is $21.36. If we look at the stock’s price movements over the week, volatility stands at 2.23%, which increases to 2.52% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 32.76 to suggest the stock is neutral.

The consensus objective for the share price is $29.31, suggesting that the stock has a potential upside of 31.25% over the period.

BofA Securities also downgraded the stock to “Neutral” from Buy on November 07, 2023 at a price target of $34-$28. Goldman upgraded its price target at $37-$42.

ZTO Express (Cayman) Inc ADR (ZTO) stock is down -2.89% over the week and -14.29% over the past month. Its price is -5.31% year-to-date and -19.34% over the past year.

To reach the target analysts have set, the stock logically needs to grow 31.25 percent from here.

The company has a return on investment of 13.12% and return on equity of 15.03%. The price to earnings ratio (P/E ratio) amounts to 14.09 while the forward price to earnings ratio is 10.23. The beta has a value of -0.12. Price to book ratio is 2.03 and price to sales ratio is 2.19.