Insider Buying: Zoomcar Holdings, Inc. (NASDAQ:ZCAR) Director Buys $787,999.36 in Stock

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) Director Mark F. Sr. Bailey purchased 184,112 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average price of $4.28 per share, for a total transaction of $787,999.36. Following the acquisition, the director now owns 1,534,496 shares of the company’s stock, valued at $6,567,642.88. This represents a 13.63 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Zoomcar Stock Down 4.3 %

NASDAQ:ZCAR opened at $4.93 on Friday. The company has a 50-day moving average price of $8.49 and a 200-day moving average price of $12.69. Zoomcar Holdings, Inc. has a 12 month low of $3.93 and a 12 month high of $1,289.00.

About Zoomcar

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.