ZKH Group Limited (NYSE:ZKH - Get Free Report) shares shot up 0.7% during mid-day trading on Monday . The company traded as high as $3.79 and last traded at $3.64. 58,463 shares were traded during mid-day trading, an increase of 73% from the average session volume of 33,710 shares. The stock had previously closed at $3.61.
ZKH Group Stock Up 2.5 %
The company has a quick ratio of 1.62, a current ratio of 1.81 and a debt-to-equity ratio of 0.05. The stock's 50 day moving average is $3.55 and its 200 day moving average is $3.43. The firm has a market cap of $468.10 million and a price-to-earnings ratio of -10.46.
ZKH Group (NYSE:ZKH - Get Free Report) last posted its quarterly earnings results on Friday, November 22nd. The company reported ($0.07) earnings per share (EPS) for the quarter. ZKH Group had a negative net margin of 2.47% and a negative return on equity of 6.86%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in ZKH Group stock. State Street Corp bought a new stake in shares of ZKH Group Limited (NYSE:ZKH - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 12,192 shares of the company's stock, valued at approximately $45,000. Institutional investors and hedge funds own 9.52% of the company's stock.
About ZKH Group
(
Get Free Report)
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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