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ZEEKR Intelligent Technology (NYSE:ZK) Stock Price Up 3.2% - 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)'s stock price was up 3.2% on Friday . The stock traded as high as $27.07 and last traded at $27.03. Approximately 271,610 shares traded hands during trading, a decline of 68% from the average daily volume of 842,334 shares. The stock had previously closed at $26.20.

ZEEKR Intelligent Technology Price Performance

The stock's 50-day simple moving average is $26.57 and its two-hundred day simple moving average is $24.94.

Institutional Investors Weigh In On ZEEKR Intelligent Technology

Institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP bought a new position in shares of ZEEKR Intelligent Technology in the fourth quarter worth about $86,000. JPMorgan Chase & Co. bought a new stake in shares of ZEEKR Intelligent Technology during the fourth quarter valued at approximately $145,000. Envestnet Asset Management Inc. purchased a new position in shares of ZEEKR Intelligent Technology in the fourth quarter worth $202,000. Barclays PLC boosted its position in shares of ZEEKR Intelligent Technology by 28.5% during the third quarter. Barclays PLC now owns 9,456 shares of the company's stock worth $211,000 after acquiring an additional 2,097 shares during the last quarter. Finally, Wells Fargo & Company MN purchased a new position in ZEEKR Intelligent Technology during the fourth quarter valued at $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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