Zhihu (NYSE:ZH) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Zhihu in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Zhihu currently has an average rating of “Sell”.

Zhihu Stock Up 0.1%

Zhihu stock opened at $3.39 on Friday. Zhihu has a 52 week low of $3.19 and a 52 week high of $6.32. The business’s 50-day moving average price is $3.85 and its 200 day moving average price is $4.33. The firm has a market cap of $298.52 million, a price-to-earnings ratio of 21.16 and a beta of 0.24.

Hedge Funds Weigh In On Zhihu

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Ameriprise Financial Inc. bought a new stake in shares of Zhihu during the 2nd quarter worth $100,000. Hsbc Holdings PLC acquired a new position in Zhihu in the first quarter worth approximately $123,000. Jump Financial LLC bought a new position in shares of Zhihu during the 1st quarter valued at $431,000. Walleye Capital LLC lifted its position in shares of Zhihu by 787.7% in the first quarter. Walleye Capital LLC now owns 126,426 shares of the company’s stock worth $540,000 after buying an additional 112,184 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its holdings in Zhihu by 1,769.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 190,786 shares of the company’s stock worth $815,000 after purchasing an additional 180,583 shares during the last quarter. Institutional investors own 28.92% of the company’s stock.

About Zhihu

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.