ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report) was down 2.3% on Monday . The company traded as low as $26.10 and last traded at $26.43. Approximately 167,131 shares changed hands during trading, a decline of 80% from the average daily volume of 841,877 shares. The stock had previously closed at $27.06.
ZEEKR Intelligent Technology Trading Down 1.6 %
The company has a market capitalization of $6.12 billion and a PE ratio of -6.23. The company has a fifty day simple moving average of $26.53 and a 200-day simple moving average of $25.09.
Institutional Investors Weigh In On ZEEKR Intelligent Technology
Several hedge funds and other institutional investors have recently bought and sold shares of the company. FMR LLC purchased a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter valued at approximately $106,036,000. Intel Corp acquired a new position in ZEEKR Intelligent Technology in the fourth quarter valued at approximately $71,785,000. Vanguard Group Inc. purchased a new position in ZEEKR Intelligent Technology in the fourth quarter worth approximately $22,125,000. Renaissance Technologies LLC increased its stake in ZEEKR Intelligent Technology by 90.8% during the fourth quarter. Renaissance Technologies LLC now owns 505,000 shares of the company's stock worth $14,332,000 after acquiring an additional 240,300 shares during the last quarter. Finally, Polymer Capital Management HK LTD purchased a new stake in ZEEKR Intelligent Technology in the third quarter valued at $3,836,000.
ZEEKR Intelligent Technology Company Profile
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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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