ZTO Express (Cayman) Inc ADR (NYSE:ZTO) shares, rose in value on Thursday, December 12, with the stock price up by 1.87% to the previous day’s close as strong demand from buyers drove the stock to $19.02.
Actively observing the price movement in the last trading, the stock closed the session at $18.67, falling within a range of $18.83 and $18.94. The value of beta (5-year monthly) was -0.088 whereas the PE ratio was 13.31 over 12-month period. Referring to stock’s 52-week performance, its high was $27.50, and the low was $15.90. On the whole, ZTO has fluctuated by -8.65% over the past month.
With the market capitalization of ZTO Express (Cayman) Inc ADR currently standing at about $11.37 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.97, with its dividend yield at 5.10%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ZTO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.14, with the price of ZTO currently trading nearly -2.13% and -14.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.92, while the 7-day volatility ratio is showing 2.59% which for the 30-day chart, stands at 2.51%. Furthermore, ZTO Express (Cayman) Inc ADR (ZTO)’s beta value is -0.14, and its average true range (ATR) is 0.62.
A comparison of ZTO Express (Cayman) Inc ADR (ZTO) with its peers suggests the former has fared considerably weaker in the market. ZTO showed an intraday change of 1.87% in last session, and over the past year, it shrunk by -9.51%%.
Data on historical trading for ZTO Express (Cayman) Inc ADR (NYSE:ZTO) indicates that the trading volumes over the past 10 days have averaged 3.2 and over the past 3 months, they’ve averaged 3.13 million. According to company’s latest data on outstanding shares, there are 598.04 million shares outstanding.
Nearly 0.86% of ZTO Express (Cayman) Inc ADR’s shares belong to company insiders and institutional investors own 28.51% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.63 million shares as on 2024-10-31, resulting in a short ratio of 7.27. According to the data, the short interest in ZTO Express (Cayman) Inc ADR (ZTO) stood at 502.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 17.42 million. The stock has fallen by -10.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ZTO stock heading into the next quarter.