Zhibao Technology Inc (NASDAQ:ZBAO) does about 137.34K shares in volume on a normal day but saw 776375 shares change hands in the recent trading day. The company now has a market cap of 38.44M USD. Its current market price is $1.22, marking an increase of 7.92% compared to the previous close of $1.13. The 52 week high reached by this stock is $5.70 whilst the lowest price level in 52 weeks is $0.88.
Zhibao Technology Inc (ZBAO) has a 20-day trading average at $1.1623 and the current price is -78.61% off the 52-week high compared with 38.58% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.3028 and its 200-day simple moving average is $2.6508. If we look at the stock’s price movements over the week, volatility stands at 26.19%, which decreases to 22.61% 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 51.00 to suggest the stock is neutral.
The current price level is 4.90%, -6.40%, and -54.00% away from its SMA20, SMA50, and SMA200 respectively, with the ZBAO price moving above the 50-day SMA on current market day. Zhibao Technology Inc (ZBAO) stock is up 17.26% over the week and -10.33% over the past month. Its price is -22.32% year-to-date and -64.24% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 14.71M with insiders holding 40.48% of the shares and institutional holders owning 0.10% of the company’s common stock. The company has a return on investment of 20.56% and return on equity of 28.01%. The price to earnings ratio (P/E ratio) amounts to 21.58. The beta has a value of 2.29. Price to book ratio is 4.37 and price to sales ratio is 1.51.
