Zhihu (NYSE:ZH) Rating Lowered to Sell at Wall Street Zen

Zhihu (NYSE:ZH) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Zhihu in a research report on Tuesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Zhihu Price Performance

Shares of NYSE ZH opened at $3.56 on Friday. Zhihu has a 1 year low of $3.19 and a 1 year high of $6.32. The firm has a 50-day simple moving average of $3.94 and a two-hundred day simple moving average of $4.35. The company has a market cap of $313.52 million, a P/E ratio of 22.22 and a beta of 0.24.

Hedge Funds Weigh In On Zhihu

A number of institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. purchased a new stake in shares of Zhihu in the 2nd quarter valued at approximately $100,000. Hsbc Holdings PLC purchased a new stake in Zhihu during the 1st quarter worth about $123,000. Jump Financial LLC purchased a new stake in Zhihu during the 1st quarter worth about $431,000. Walleye Capital LLC boosted its position in shares of Zhihu by 787.7% during the 1st quarter. Walleye Capital LLC now owns 126,426 shares of the company’s stock worth $540,000 after acquiring an additional 112,184 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its holdings in shares of Zhihu by 1,769.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 190,786 shares of the company’s stock valued at $815,000 after acquiring an additional 180,583 shares during the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Zhihu Company Profile

Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.

The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.