Zhihu (NYSE:ZH) Stock Rating Upgraded by Weiss Ratings

Zhihu (NYSE:ZH) was upgraded by analysts at Weiss Ratings from a “sell (d+)” rating to a “hold (c-)” rating in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised Zhihu from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $4.70.

Zhihu Stock Performance

NYSE:ZH opened at $4.86 on Wednesday. The business has a fifty day moving average of $4.84 and a 200-day moving average of $4.33. Zhihu has a 1 year low of $3.13 and a 1 year high of $6.32. The stock has a market cap of $424.38 million, a price-to-earnings ratio of 22.09 and a beta of 0.24.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ZH. PFG Investments LLC acquired a new position in Zhihu in the 1st quarter worth about $327,000. New York State Common Retirement Fund increased its position in Zhihu by 64.7% in the 1st quarter. New York State Common Retirement Fund now owns 52,144 shares of the company’s stock worth $223,000 after purchasing an additional 20,478 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Zhihu in the 1st quarter worth about $55,000. National Bank of Canada FI increased its position in Zhihu by 20,090,000.0% in the 1st quarter. National Bank of Canada FI now owns 200,901 shares of the company’s stock worth $858,000 after purchasing an additional 200,900 shares during the last quarter. Finally, MY.Alpha Management HK Advisors Ltd acquired a new position in Zhihu in the 1st quarter worth about $7,231,000. 28.92% of the stock is owned by institutional investors and hedge funds.

About Zhihu

Zhihu Inc operates an online content community in the People’s Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.