Zhibao Technology Inc (NASDAQ:ZBAO) price on Friday, April 11, fall -13.19% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.02.
A look at the stock’s price movement, the close in the last trading session was $1.17, moving within a range at $0.9862 and $1.2. The PE ratio in trailing twelve months stood at 18.05. Turning to its 52-week performance, $5.70 and $0.88 were the 52-week high and 52-week low respectively. Overall, ZBAO moved -18.40% over the past month.
Zhibao Technology Inc’s market cap currently stands at around $32.15 million, with investors looking forward to this quarter’s earnings report slated for in May.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ZBAO is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
ZBAO’s current price about -13.38% and -22.63% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.24, while 7-day volatility ratio is 45.15% and 21.37% in the 30-day chart. Further, Zhibao Technology Inc (ZBAO) has a beta value of 1.69, and an average true range (ATR) of 0.23.
If we refocus on Zhibao Technology Inc (NASDAQ:ZBAO), historical trading data shows that trading volumes averaged 0.7 over the past 10 days and 127.73K over the past 3 months. The company’s latest data on shares outstanding shows there are 14.71 million shares.
The 72.23% of Zhibao Technology Inc’s shares are in the hands of company insiders while institutional holders own 0.05% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 76297.0 on 2025-03-14, giving us a short ratio of 2.36. The data shows that as of 2025-03-14 short interest in Zhibao Technology Inc (ZBAO) stood at 82.0 of shares outstanding, with shares short rising to 66682.0 registered in 2025-02-14. Current price change has pushed the stock -35.03% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ZBAO stock continues to rise going into the next quarter.
