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ZEEKR Intelligent Technology (NYSE:ZK) Shares Gap Up - Time to Buy?

ZEEKR Intelligent Technology logo with Auto/Tires/Trucks background
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ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $27.72, but opened at $29.26. ZEEKR Intelligent Technology shares last traded at $30.41, with a volume of 167,983 shares.

ZEEKR Intelligent Technology Price Performance

The firm has a fifty day moving average of $26.34 and a 200 day moving average of $24.10.

Institutional Trading of ZEEKR Intelligent Technology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ZK. Quantbot Technologies LP purchased a new position in ZEEKR Intelligent Technology during the 4th quarter valued at about $86,000. JPMorgan Chase & Co. acquired a new position in shares of ZEEKR Intelligent Technology in the fourth quarter valued at approximately $145,000. Envestnet Asset Management Inc. purchased a new stake in ZEEKR Intelligent Technology during the 4th quarter worth approximately $202,000. Barclays PLC boosted 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 buying an additional 2,097 shares during the period. Finally, Wells Fargo & Company MN acquired a new position in shares of ZEEKR Intelligent Technology in the fourth quarter worth $217,000.

About ZEEKR Intelligent Technology

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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