Shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report) shot up 6.4% during trading on Thursday . The company traded as high as $26.65 and last traded at $26.77. 318,970 shares changed hands during trading, a decline of 39% from the average session volume of 518,857 shares. The stock had previously closed at $25.16.
ZEEKR Intelligent Technology Stock Performance
The company's fifty day simple moving average is $26.45 and its two-hundred day simple moving average is $23.67.
Institutional Investors Weigh In On ZEEKR Intelligent Technology
A number of institutional investors and hedge funds have recently made changes to their positions in ZK. FMR LLC bought a new stake in ZEEKR Intelligent Technology during the 4th quarter worth approximately $106,036,000. Intel Corp purchased a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at approximately $71,785,000. Vanguard Group Inc. purchased a new stake in ZEEKR Intelligent Technology in the 4th quarter valued at $22,125,000. Renaissance Technologies LLC lifted its stake in ZEEKR Intelligent Technology by 90.8% during the 4th quarter. Renaissance Technologies LLC now owns 505,000 shares of the company's stock valued at $14,332,000 after acquiring an additional 240,300 shares in the last quarter. Finally, Polymer Capital Management HK LTD purchased a new position in ZEEKR Intelligent Technology during the 3rd 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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