ZJK Industrial's (NASDAQ:ZJK - Get Free Report) lock-up period will expire on Monday, March 31st. ZJK Industrial had issued 1,250,000 shares in its IPO on September 30th. The total size of the offering was $6,250,000 based on an initial share price of $5.00. After the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
ZJK Industrial Price Performance
ZJK traded down $0.06 during trading on Thursday, reaching $5.15. The stock had a trading volume of 31,108 shares, compared to its average volume of 491,857. The stock has a 50 day simple moving average of $7.16. ZJK Industrial has a 1-year low of $4.00 and a 1-year high of $30.50.
Institutional Investors Weigh In On ZJK Industrial
An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. bought a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 35,000 shares of the company's stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial at the end of the most recent reporting period.
About ZJK Industrial
(
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ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.
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