ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report) fell 6.3% during mid-day trading on Monday . The company traded as low as $29.00 and last traded at $29.25. 127,012 shares were traded during mid-day trading, a decline of 79% from the average session volume of 598,598 shares. The stock had previously closed at $31.23.
ZEEKR Intelligent Technology Stock Up 3.2 %
The stock has a fifty day simple moving average of $26.59 and a two-hundred day simple moving average of $24.74.
Hedge Funds Weigh In On ZEEKR Intelligent Technology
Several institutional investors have recently modified their holdings of the business. FMR LLC bought a new position in ZEEKR Intelligent Technology during the fourth quarter worth about $106,036,000. Intel Corp bought a new position in ZEEKR Intelligent Technology in the 4th quarter valued at $71,785,000. Vanguard Group Inc. purchased a new position in shares of ZEEKR Intelligent Technology during the 4th quarter valued at $22,125,000. Renaissance Technologies LLC increased its holdings 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 worth $14,332,000 after purchasing an additional 240,300 shares during the period. Finally, Polymer Capital Management HK LTD purchased a new stake in shares of ZEEKR Intelligent Technology in the third quarter worth $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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