Zhihu (NYSE:ZH) Trading Down 4.1% – Should You Sell?

Zhihu Inc. Sponsored ADR (NYSE:ZHGet Free Report) shares dropped 4.1% during trading on Monday . The stock traded as low as $3.35 and last traded at $3.3550. Approximately 344,347 shares traded hands during mid-day trading, an increase of 26% from the average daily volume of 273,921 shares. The stock had previously closed at $3.50.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Zhihu from a “sell” rating to a “hold” rating in a research report on Sunday, December 28th. Weiss Ratings reiterated a “sell (d)” rating on shares of Zhihu in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Zhihu presently has a consensus rating of “Sell”.

Get Our Latest Research Report on Zhihu

Zhihu Trading Down 4.1%

The firm has a market cap of $295.88 million, a P/E ratio of 20.97 and a beta of 0.25. The firm’s 50 day moving average is $3.55 and its two-hundred day moving average is $4.13.

Institutional Trading of Zhihu

A hedge fund recently bought a new stake in Zhihu stock. Ameriprise Financial Inc. bought a new position in shares of Zhihu Inc. Sponsored ADR (NYSE:ZHFree Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 25,006 shares of the company’s stock, valued at approximately $100,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Zhihu Company Profile

(Get Free Report)

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.

See Also

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