ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report) shares were up 3.7% during mid-day trading on Monday . The stock traded as high as $28.88 and last traded at $28.58. Approximately 216,665 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 862,668 shares. The stock had previously closed at $27.55.
Wall Street Analysts Forecast Growth
ZK has been the topic of a number of research analyst reports. Macquarie began coverage on shares of ZEEKR Intelligent Technology in a research note on Thursday, October 3rd. They issued an "outperform" rating and a $33.00 price target on the stock. CICC Research initiated coverage on ZEEKR Intelligent Technology in a research report on Friday, October 25th. They issued an "outperform" rating and a $31.74 target price on the stock. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $32.02.
Read Our Latest Report on ZK
ZEEKR Intelligent Technology Price Performance
The firm has a fifty day moving average of $24.89 and a 200-day moving average of $20.86.
Institutional Trading of ZEEKR Intelligent Technology
A number of institutional investors have recently made changes to their positions in the stock. Prudential PLC bought a new position in ZEEKR Intelligent Technology during the 2nd quarter valued at $4,194,000. Westwood Holdings Group Inc. bought a new stake in ZEEKR Intelligent Technology during the second quarter worth approximately $1,288,000. Marshall Wace LLP acquired a new position in ZEEKR Intelligent Technology in the second quarter worth approximately $347,000. Sandia Investment Management LP bought a new position in shares of ZEEKR Intelligent Technology in the second quarter valued at $94,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of ZEEKR Intelligent Technology during the 2nd quarter valued at $20,388,000.
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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