Let’s start up with the current stock price of ZTO Express (Cayman) Inc. (ZTO), which is $23.35 to be very precise. The Stock rose vividly during the last session to $22.88 after opening rate of $21.46 while the lowest price it went was recorded $21.26 before closing at $22.29.Recently in News on November 21, 2022, ZTO UPSIZES AND EXTENDS Share Repurchase Program. ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company in China (“ZTO” or the “Company”), today announced that its board of directors has approved further changes to the Company’s share repurchase program launched in November 2018 and adjusted in March 2021 (the “Share Repurchase Program”), increasing the aggregate value of shares that may be repurchased from US$1 billion to US$1.5 billion and extending the effective time by one year through June 30, 2024. You can read further details here
ZTO Express (Cayman) Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $32.28 on 01/12/22, with the lowest value was $16.27 for the same time period, recorded on 10/31/22.
ZTO Express (Cayman) Inc. (ZTO) full year performance was -30.73%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ZTO Express (Cayman) Inc. shares are logging -27.82% during the 52-week period from high price, and 43.52% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $16.27 and $32.35.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1404100 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ZTO Express (Cayman) Inc. (ZTO) recorded performance in the market was -20.23%, having the revenues showcasing -8.35% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 19.13B, as it employees total of 23865 workers.
Specialists analysis on ZTO Express (Cayman) Inc. (ZTO)
During the last month, 24 analysts gave the ZTO Express (Cayman) Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 24.17, with a change in the price was noted -4.08. In a similar fashion, ZTO Express (Cayman) Inc. posted a movement of -14.94% for the period of last 100 days, recording 2,936,346 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ZTO is recording 0.15 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: ZTO Express (Cayman) Inc. (ZTO)
Raw Stochastic average of ZTO Express (Cayman) Inc. in the period of last 50 days is set at 60.16%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 99.71%. In the last 20 days, the company’s Stochastic %K was 91.31% and its Stochastic %D was recorded 89.26%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -20.23%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -10.05%, alongside a downfall of -30.73% for the period of the last 12 months. The shares increased approximately by 0.32% in the 7-day charts and went down by 32.68% in the period of the last 30 days. Common stock shares were lifted by -8.35% during last recorded quarter.