Recently, the stock of Zhongchao Inc. (ZCMD, Financial) experienced a significant decline of 5.47%, trading at $1.21 per share with a volume of 4,253 shares and a turnover rate of 0.08%. The stock's amplitude was noted at 5.15%.
The latest financial reports showed that Zhongchao Inc. generated a revenue of $8.35 million, with a net profit of $90,047, earnings per share at $0.03, and a gross profit of $4.74 million. Despite these numbers, the price-to-earnings ratio for the stock stands at -0.49, and currently, no institutions have issued any buy, hold, or sell ratings for ZCMD.
In the wider health information services sector, the overall increase was 3.87%. Within this sector, stocks such as Foxo Technologies Inc., Doximity, Inc., and Genedx Holdings Corp showed notable gains. Active stocks in terms of turnover included Foxo Technologies Inc. with 5070.76%, Logicmark, Inc. at 65.10%, and Evolent Health, Inc at 11.64%. Significant price fluctuations were seen in stocks like Foxo Technologies Inc. (148.20%), Bullfrog Ai Holdings Inc (41.95%), and Genedx Holdings Corp (33.78%).
Zhongchao Inc. is a Cayman Islands-registered provider of medical information, education, and training services. It serves healthcare professionals and the general public in China through online and in-person health information services, educational programs, and training products.
