ZJK Industrial (NASDAQ:ZJK) Shares Up 11.4% – Here’s What Happened

ZJK Industrial Co., Ltd. (NASDAQ:ZJK)’s share price was up 11.4% on Monday . The stock traded as high as $5.00 and last traded at $4.69. Approximately 47,929 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 454,157 shares. The stock had previously closed at $4.21.

ZJK Industrial Trading Up 11.4 %

The stock has a fifty day simple moving average of $5.84 and a 200 day simple moving average of $6.92.

Institutional Investors Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. PEAK6 LLC bought a new stake in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 60,000 shares of the company’s stock, valued at approximately $561,000. PEAK6 LLC owned approximately 0.10% of ZJK Industrial as of its most recent filing with the Securities & Exchange Commission.

ZJK Industrial Company Profile

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.