ZKH Group Limited (NYSE:ZKH - Get Free Report)'s share price rose 1.6% on Tuesday . The company traded as high as $3.64 and last traded at $3.55. Approximately 56,646 shares traded hands during trading, an increase of 42% from the average daily volume of 40,014 shares. The stock had previously closed at $3.49.
ZKH Group Stock Down 1.3 %
The business has a 50-day moving average price of $3.56 and a two-hundred day moving average price of $3.47. 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 firm has a market cap of $454.65 million, a PE ratio of -10.16 and a beta of 0.02.
ZKH Group (NYSE:ZKH - Get Free Report) last posted its quarterly earnings data on Friday, November 22nd. The company reported ($0.07) earnings per share for the quarter. ZKH Group had a negative return on equity of 6.86% and a negative net margin of 2.47%.
Hedge Funds Weigh In On ZKH Group
Several large investors have recently bought and sold shares of ZKH. State Street Corp purchased a new position in ZKH Group in the third quarter valued at $45,000. Invesco Ltd. purchased a new position in ZKH Group in the fourth quarter valued at $299,000. Finally, FIL Ltd increased its holdings in ZKH Group by 30.0% in the fourth quarter. FIL Ltd now owns 3,845,797 shares of the company's stock valued at $13,499,000 after buying an additional 888,000 shares during the last quarter. Hedge funds and other institutional investors own 9.52% of the company's stock.
ZKH Group Company Profile
(
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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