ZJK Industrial (NASDAQ:ZJK) Shares Down 8.5% – What’s Next?

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) fell 8.5% during mid-day trading on Thursday . The stock traded as low as $3.02 and last traded at $3.03. 80,102 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 248,487 shares. The stock had previously closed at $3.31.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of ZJK Industrial in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Get Our Latest Stock Report on ZJK Industrial

ZJK Industrial Stock Performance

The company’s fifty day simple moving average is $2.78 and its two-hundred day simple moving average is $3.45.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. State of Wyoming bought a new stake in shares of ZJK Industrial during the 2nd quarter valued at about $31,000. Howard Financial Services LTD. bought a new position in ZJK Industrial in the 2nd quarter worth $49,000. Citadel Advisors LLC bought a new position in shares of ZJK Industrial during the 3rd quarter valued at approximately $52,000. Geode Capital Management LLC increased its holdings in ZJK Industrial by 150.0% in the 2nd quarter. Geode Capital Management LLC now owns 42,267 shares of the company’s stock worth $164,000 after acquiring an additional 25,362 shares in the last quarter. Finally, Invesco Ltd. bought a new stake in ZJK Industrial during the 1st quarter worth approximately $223,000.

About ZJK Industrial

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for ZJK Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZJK Industrial and related companies with MarketBeat.com's FREE daily email newsletter.