ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report)'s stock price rose 3.2% on Friday . The company traded as high as $27.07 and last traded at $27.03. Approximately 271,610 shares were traded 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 company's fifty day simple moving average is $26.54 and its 200-day simple moving average is $25.08. The firm has a market capitalization of $6.58 billion and a PE ratio of -6.69.
Hedge Funds Weigh In On ZEEKR Intelligent Technology
A number of hedge funds have recently made changes to their positions in ZK. FMR LLC purchased a new stake in shares of ZEEKR Intelligent Technology during the fourth quarter worth approximately $106,036,000. Intel Corp acquired a new stake in ZEEKR Intelligent Technology during the 4th quarter worth $71,785,000. Vanguard Group Inc. purchased a new stake in shares of ZEEKR Intelligent Technology during the fourth quarter worth $22,125,000. Renaissance Technologies LLC raised its position in shares of ZEEKR Intelligent Technology by 90.8% in the fourth quarter. Renaissance Technologies LLC now owns 505,000 shares of the company's stock valued at $14,332,000 after buying an additional 240,300 shares during the last quarter. Finally, Polymer Capital Management HK LTD purchased a new position in shares of ZEEKR Intelligent Technology in the third quarter worth about $3,836,000.
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.
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