ZKH Group Limited (NYSE:ZKH – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $11.79, but opened at $12.50. ZKH Group shares last traded at $12.40, with a volume of 4,729 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft initiated coverage on ZKH Group in a report on Friday, January 26th. They set a “buy” rating and a $21.30 target price for the company.
View Our Latest Stock Analysis on ZKH
ZKH Group Trading Up 5.4 %
ZKH Group (NYSE:ZKH – Get Free Report) last posted its quarterly earnings results on Tuesday, March 19th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $344.22 million for the quarter.
ZKH Group Company Profile
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.
Featured Articles
- Five stocks we like better than ZKH Group
- What is an Earnings Surprise?
- MarketBeat Week in Review – 4/22 – 4/26
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- 3 Stocks Leading the U.S. Agriculture Comeback
- Investing In Preferred Stock vs. Common Stock
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for ZKH Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZKH Group and related companies with MarketBeat.com's FREE daily email newsletter.