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ZJK Industrial (NASDAQ:ZJK) Trading Up 5.5% - Should You Buy?

ZJK Industrial logo with Industrial Products background

ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) shares traded up 5.5% during mid-day trading on Monday . The stock traded as high as $9.69 and last traded at $9.38. 115,608 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 800,105 shares. The stock had previously closed at $8.89.

ZJK Industrial Stock Performance

The company's 50 day simple moving average is $7.47.

Hedge Funds Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. purchased a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 35,000 shares of the company's stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 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.

Further Reading

Should You Invest $1,000 in ZJK Industrial Right Now?

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