ZKH Group (NYSE:ZKH) Shares Gap Up to $13.51

ZKH Group Limited (NYSE:ZKH) shares gapped up before the market opened on Thursday . The stock had previously closed at $13.51, but opened at $13.90. ZKH Group shares last traded at $13.70, with a volume of 5,324 shares changing hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of ZKH Group in a report on Friday, January 26th. They set a “buy” rating and a $21.30 price objective on the stock.

ZKH Group Trading Down 6.7 %

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.73. The firm’s fifty day moving average price is $17.52.

ZKH Group (NYSE:ZKH) last posted its quarterly earnings data on Tuesday, March 19th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $344.22 million for the quarter.

About ZKH Group

ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company also provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.