Zhongchao Stock Scheduled to Reverse Split on Monday, March 2nd (NASDAQ:ZCMD)

Zhongchao Inc. (NASDAQ:ZCMD)’s stock is scheduled to reverse split on the morning of Monday, March 2nd. The 1-8 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, March 1st.

Zhongchao Price Performance

Shares of NASDAQ ZCMD traded down $0.03 during midday trading on Thursday, reaching $0.21. 196,736 shares of the company traded hands, compared to its average volume of 2,437,730. The stock has a 50-day moving average price of $0.42 and a 200 day moving average price of $0.70. Zhongchao has a 52 week low of $0.18 and a 52 week high of $1.53.

Zhongchao (NASDAQ:ZCMD) last announced its earnings results on Monday, September 29th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $2.80 million for the quarter.

About Zhongchao

Zhongchao Inc provides healthcare information, education, and training services in the People's Republic of China. The company offers online and onsite health information services, healthcare education programs, and healthcare training products, including clinical practice training, open classes of popular medical topics, interactive case studies, academic conference and workshops, continuing education courses, and articles and short videos with educational healthcare content. It also provides customized medical courses and medical training services; and patient management services through online platform under the Zhongxun brand.