Zhihu (NYSE:ZH) Cut to “Sell (D+)” at Weiss Ratings

Weiss Ratings cut shares of Zhihu (NYSE:ZH) from a hold (c-) rating to a sell (d+) rating in a research note issued to investors on Friday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded Zhihu from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $4.70.

Zhihu Trading Up 0.8%

Shares of NYSE ZH opened at $4.34 on Friday. Zhihu has a twelve month low of $3.13 and a twelve month high of $6.32. The company has a market capitalization of $382.30 million, a price-to-earnings ratio of 19.71 and a beta of 0.24. The business has a 50 day simple moving average of $4.87 and a 200-day simple moving average of $4.36.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ZH. New York State Common Retirement Fund boosted its position in shares of Zhihu by 64.7% in the 1st quarter. New York State Common Retirement Fund now owns 52,144 shares of the company’s stock valued at $223,000 after purchasing an additional 20,478 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Zhihu during the 1st quarter valued at about $55,000. National Bank of Canada FI lifted its holdings in shares of Zhihu by 20,090,000.0% during the 1st quarter. National Bank of Canada FI now owns 200,901 shares of the company’s stock valued at $858,000 after buying an additional 200,900 shares during the last quarter. MY.Alpha Management HK Advisors Ltd bought a new position in shares of Zhihu in the 1st quarter valued at approximately $7,231,000. Finally, Hsbc Holdings PLC bought a new position in shares of Zhihu in the 1st quarter valued at approximately $123,000. Institutional investors own 28.92% of the company’s stock.

Zhihu Company Profile

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.