Zhongchao (NASDAQ:ZCMD) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of Zhongchao (NASDAQ:ZCMD) from a hold rating to a sell rating in a research report report published on Sunday morning,Wall Street Zen reports.

Separately, Weiss Ratings downgraded shares of Zhongchao from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Zhongchao has a consensus rating of “Sell”.

Zhongchao Stock Down 6.5%

Shares of Zhongchao stock opened at $1.30 on Friday. The firm’s fifty day simple moving average is $1.81 and its 200-day simple moving average is $105.86. Zhongchao has a 12 month low of $1.27 and a 12 month high of $1,443.36.

Zhongchao Company Profile

Zhongchao Inc (NASDAQ:ZCMD) is a China-based healthcare technology company that provides online healthcare information and education services. Its platform is designed to connect medical professionals with educational content, industry information and other digital resources.

The company focuses on supporting healthcare professionals through continuing medical education and related online programs, with an emphasis on improving access to medical knowledge and professional development. Zhongchao also provides health-related information and services intended to support patients and broader healthcare communication.

Zhongchao primarily serves healthcare professionals, patients and other participants in China’s healthcare sector through its digital platforms.