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ZJK Industrial (NASDAQ:ZJK) Shares Gap Up - Still a Buy?

ZJK Industrial logo with Industrial Products background

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $11.60, but opened at $12.70. ZJK Industrial shares last traded at $12.36, with a volume of 157,173 shares trading hands.

ZJK Industrial Stock Down 7.7 %

The stock's 50 day moving average price is $6.43.

Institutional Investors Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. acquired a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 35,000 shares of the company's stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial as of its most recent filing with the Securities and Exchange Commission.

ZJK Industrial Company Profile

(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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Should you invest $1,000 in ZJK Industrial right now?

Before you consider ZJK Industrial, you'll want to hear this.

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While ZJK Industrial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

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