Zhihu Inc. (NYSE:ZH - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as $5.97 and last traded at $6.07, with a volume of 953029 shares. The stock had previously closed at $5.66.
Analyst Upgrades and Downgrades
Separately, Citigroup decreased their target price on shares of Zhihu from $5.40 to $4.70 and set a "buy" rating for the company in a research report on Friday, November 29th.
View Our Latest Analysis on ZH
Zhihu Price Performance
The company has a market capitalization of $476.31 million, a price-to-earnings ratio of -9.74 and a beta of 0.20. The company's 50-day moving average price is $3.78 and its two-hundred day moving average price is $3.61.
Zhihu (NYSE:ZH - Get Free Report) last issued its quarterly earnings results on Tuesday, November 26th. The company reported ($0.02) earnings per share for the quarter. Zhihu had a negative return on equity of 8.01% and a negative net margin of 9.28%.
Hedge Funds Weigh In On Zhihu
Several institutional investors have recently added to or reduced their stakes in ZH. Barclays PLC acquired a new stake in shares of Zhihu during the 3rd quarter worth approximately $511,000. Jane Street Group LLC boosted its stake in Zhihu by 65.1% during the third quarter. Jane Street Group LLC now owns 175,381 shares of the company's stock worth $675,000 after acquiring an additional 69,160 shares in the last quarter. Walleye Capital LLC acquired a new stake in Zhihu in the third quarter worth $212,000. Advisors Preferred LLC bought a new stake in Zhihu in the fourth quarter valued at $39,000. Finally, Virtu Financial LLC acquired a new position in shares of Zhihu during the third quarter valued at about $141,000. 28.92% of the stock is owned by institutional investors and hedge funds.
Zhihu Company Profile
(
Get Free Report)
Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.
Recommended Stories
Before you consider Zhihu, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zhihu wasn't on the list.
While Zhihu currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
