Shares of ZKH Group Limited (NYSE:ZKH - Get Free Report) shot up 2.7% on Tuesday . The company traded as high as $3.45 and last traded at $3.38. 46,478 shares were traded during mid-day trading, a decline of 44% from the average session volume of 83,590 shares. The stock had previously closed at $3.29.
ZKH Group Price Performance
The company has a debt-to-equity ratio of 0.05, a current ratio of 1.81 and a quick ratio of 1.62. The company has a fifty day moving average of $3.55 and a 200-day moving average of $3.57. The firm has a market cap of $540.02 million, a P/E ratio of -9.54 and a beta of -0.21.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in ZKH. State Street Corp bought a new position in ZKH Group in the 3rd quarter valued at $45,000. Invesco Ltd. purchased a new position in ZKH Group in the fourth quarter valued at about $299,000. Finally, FIL Ltd increased its stake in shares of ZKH Group by 30.0% during the 4th quarter. FIL Ltd now owns 3,845,797 shares of the company's stock worth $13,499,000 after purchasing an additional 888,000 shares during the last quarter. 9.52% of the stock is owned by institutional investors.
ZKH Group Company Profile
(
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ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.
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