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ZJK Industrial (NASDAQ:ZJK) Shares Down 6.4% - Should You Sell?

ZJK Industrial logo with Industrial Products background

ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report)'s share price was down 6.4% on Friday . The stock traded as low as $9.10 and last traded at $9.47. Approximately 56,378 shares traded hands during trading, a decline of 93% from the average daily volume of 809,558 shares. The stock had previously closed at $10.12.

ZJK Industrial Stock Down 12.2 %

The firm's fifty day moving average price is $7.29.

Institutional Trading of ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. bought a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 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 SEC filing.

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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