Mark F. Sr. Bailey Acquires 184,112 Shares of Zoomcar Holdings, Inc. (NASDAQ:ZCAR) Stock

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) Director Mark F. Sr. Bailey acquired 184,112 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was acquired at an average cost of $4.28 per share, for a total transaction of $787,999.36. Following the completion of the acquisition, the director now directly owns 1,534,496 shares in the company, valued at approximately $6,567,642.88. The trade was a 13.63 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Zoomcar Stock Down 4.5 %

NASDAQ:ZCAR opened at $5.15 on Friday. The firm’s fifty day moving average is $8.67 and its two-hundred day moving average is $12.82. Zoomcar Holdings, Inc. has a one year low of $3.93 and a one year high of $1,289.00.

Zoomcar Company Profile

Zoomcar Holdings, Inc operates a marketplace for car sharing in India, Indonesia, and Egypt. The company connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. Its platform offers vehicle searching and discovery, host and guest chat, vehicle and driver tracking, and ratings services.