Zoomcar Holdings ( (ZCAR) ) has shared an update.
Zoomcar Holdings, Inc., a Nasdaq-listed company, announced a 1-for-20 reverse stock split of its common stock, effective March 21, 2025. This move, approved by stockholders and the board, aims to increase the per share trading price, attract institutional investors, and maintain Nasdaq listing compliance.
More about Zoomcar Holdings
Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for 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.
YTD Price Performance: -84.87%
Average Trading Volume: 2,240,095
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.83M
For detailed information about ZCAR stock, go to TipRanks’ Stock Analysis page.