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Zhongchao Inc. (NASDAQ:ZCMD) Undervalued? Fundamentals Hard To Beat?

Zhongchao Inc. (NASDAQ:ZCMD) previous close was $1.86 while the outstanding shares total 19.44M. ZCMD’s shares traded higher over the last trading session, gaining 0.54% on 05/27/21. The shares fell to a low of $1.8562 before closing at $1.87. Intraday shares traded counted 0.55 million, which was 78.12% higher than its 30-day average trading volume of 2.52M. The stock’s Relative Strength Index (RSI) is 54.54, with weekly volatility at 4.19% and ATR at 0.09. The ZCMD stock’s 52-week price range has touched low of $1.59 and a $5.25 high.

Investors have identified the Health Information Services company Zhongchao Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $36.34 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Zhongchao Inc. (ZCMD) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ZCMD, the company has in raw cash 15.07 million on their books with 0.0 currently as liabilities. How the trend is over time is what investors should be concerned about. In terms of their assets, the company currently has 29.59 million total, with 2.98 million as their total liabilities.

Is the stock of ZCMD attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 37.20%.

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