Zhongchao (NASDAQ:ZCMD) Stock Price Down 0.2% – What’s Next?

Zhongchao Inc. (NASDAQ:ZCMD) shares traded down 0.2% on Tuesday . The company traded as low as $0.5041 and last traded at $0.5242. 7,792 shares were traded during trading, a decline of 98% from the average session volume of 383,423 shares. The stock had previously closed at $0.5250.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Zhongchao in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Zhongchao Price Performance

The business has a 50 day simple moving average of $0.60 and a 200-day simple moving average of $0.88.

Zhongchao (NASDAQ:ZCMD) last issued its quarterly earnings results on Monday, September 29th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $2.80 million for the quarter.

About Zhongchao

Zhongchao Inc provides healthcare information, education, and training services in the People's Republic of China. The company offers online and onsite health information services, healthcare education programs, and healthcare training products, including clinical practice training, open classes of popular medical topics, interactive case studies, academic conference and workshops, continuing education courses, and articles and short videos with educational healthcare content. It also provides customized medical courses and medical training services; and patient management services through online platform under the Zhongxun brand.