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Zhongchao Inc. Announces 1-for-31 Share Consolidation
PRNewswire (Thu, 4-Jun 8:00 AM ET)
Zhongchao Inc. Announces Pricing of $5 Million Best Efforts Public Offering
PRNewswire (Fri, 29-May 10:00 AM ET)
ZHONGCHAO Inc is an offshore holding company. Through its subsidiaries, it is a platform-based internet technology company offering services to patients with oncology and other diseases in China. It provides healthcare information, education, and training services to healthcare professionals under its MDMOOC brand. It also provides focused patient management services through the Zhongxun IT system and WeChat mini program, and Zhongxin Health WeChat mini program, to pharmaceutical enterprises and NFP customers.
Zhongchao - Class A trades on the NASDAQ stock market under the symbol ZCMD.
As of June 17, 2026, ZCMD stock price declined to $0.63 with 202,761 million shares trading.
ZCMD has a beta of 3.88, meaning it tends to be more sensitive to market movements. ZCMD has a correlation of 0.02 to the broad based SPY ETF.
ZCMD has a market cap of $1.62 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, ZCMD traded as high as $3,224.00 and as low as $.60.
ZCMD has underperformed the market in the last year with a price return of -99.8% while the SPY ETF gained +25.2%. ZCMD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -98.9% and -62.6%, respectively, while the SPY returned +10.7% and -1.8%, respectively.
ZCMD support price is $.52 and resistance is $.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ZCMD shares will trade within this expected range on the day.