ZJK Industrial (NASDAQ:ZJK) Upgraded at Zacks Research

Zacks Research upgraded shares of ZJK Industrial (NASDAQ:ZJK) to a hold rating in a report issued on Thursday morning,Zacks.com reports.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of ZJK Industrial in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

ZJK Industrial Trading Up 1.0%

NASDAQ ZJK opened at $1.94 on Thursday. The stock has a 50 day moving average price of $1.99 and a 200-day moving average price of $2.58. ZJK Industrial has a one year low of $1.45 and a one year high of $6.00.

Hedge Funds Weigh In On ZJK Industrial

Several institutional investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in shares of ZJK Industrial during the 4th quarter valued at $26,000. State of Wyoming purchased a new position in ZJK Industrial during the 2nd quarter worth $31,000. Millennium Management LLC acquired a new position in ZJK Industrial during the 4th quarter valued at about $52,000. Citadel Advisors LLC purchased a new stake in ZJK Industrial in the third quarter valued at about $52,000. Finally, Geode Capital Management LLC raised its stake in ZJK Industrial by 150.0% in the second quarter. Geode Capital Management LLC now owns 42,267 shares of the company’s stock valued at $164,000 after buying an additional 25,362 shares during the last quarter.

ZJK Industrial Company Profile

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. ZJK Industrial Co Ltd. is based in Shenzhen, China.