Zoomcar (NASDAQ:ZCAR) Sets New 52-Week High – Here’s Why

Zoomcar Holdings, Inc. (NASDAQ:ZCAR)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $13,000.00 and last traded at $13,000.00, with a volume of 105 shares traded. The stock had previously closed at $0.0725.

Zoomcar Trading Down 3.7%

The stock has a market cap of $490,113.00, a P/E ratio of 0.00 and a beta of -0.98. The business has a 50-day simple moving average of $0.10 and a 200 day simple moving average of $0.26.

Zoomcar Company Profile

Zoomcar (NASDAQ:ZCAR) operates a technology-driven self-drive car rental platform designed to provide consumers with flexible, on-demand access to vehicles through a mobile and web interface. The company’s service offering spans hourly, daily and extended-use rentals, combining vehicle usage, fuel, insurance and maintenance into a single streamlined package. Zoomcar’s model emphasizes convenience, allowing users to book, unlock and track vehicles without intermediary steps or point-to-point drop-off constraints.

Founded in 2013 and headquartered in Bengaluru, India, Zoomcar has expanded rapidly across key urban centers including Bangalore, Delhi, Mumbai, Pune and Hyderabad.