ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $32.25 and last traded at $31.84, with a volume of 480026 shares changing hands. The stock had previously closed at $29.73.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the company. CICC Research assumed coverage on ZEEKR Intelligent Technology in a research report on Friday, October 25th. They issued an "outperform" rating and a $31.74 target price for the company. Macquarie began coverage on shares of ZEEKR Intelligent Technology in a research report on Thursday, October 3rd. They issued an "outperform" rating and a $33.00 target price on the stock. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $32.02.
View Our Latest Stock Report on ZEEKR Intelligent Technology
ZEEKR Intelligent Technology Trading Up 8.6 %
The company's 50-day simple moving average is $25.34 and its two-hundred day simple moving average is $21.01.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Sandia Investment Management LP purchased a new position in ZEEKR Intelligent Technology during the second quarter valued at $94,000. Barclays PLC lifted its position in ZEEKR Intelligent Technology by 28.5% in the 3rd quarter. Barclays PLC now owns 9,456 shares of the company's stock valued at $211,000 after acquiring an additional 2,097 shares in the last quarter. Green Alpha Advisors LLC purchased a new stake in ZEEKR Intelligent Technology during the 3rd quarter valued at $219,000. Marshall Wace LLP purchased a new position in shares of ZEEKR Intelligent Technology in the second quarter worth $347,000. Finally, WT Asset Management Ltd purchased a new position in ZEEKR Intelligent Technology in the 3rd quarter worth about $446,000.
About ZEEKR Intelligent Technology
(
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ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.
Further Reading
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