ZJK Industrial (NASDAQ:ZJK) Shares Gap Down - What's Next?

ZJK Industrial logo with Industrial Products background

ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $8.99, but opened at $8.73. ZJK Industrial shares last traded at $8.81, with a volume of 9,929 shares trading hands.

ZJK Industrial Stock Down 4.4 %

The company's 50 day moving average is $9.55.

Institutional Investors Weigh In On ZJK Industrial

A hedge fund recently bought a new stake 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 Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,000 shares of the company's stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial at the end of the most recent quarter.

About ZJK Industrial

(Get Free Report)

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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