1 day Ago By ABMN Staff
Kanzhun Limited ( NASDAQ:BZ – Get Free Report ) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 8,630,000 shares, a decrease of 9.1% from the August 15th total of 9,490,000 shares.
Based on an average daily trading volume, of 4,140,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.
6% of the company’s shares are sold short. Wall Street Analysts Forecast Growth Several analysts have recently commented on BZ shares. Barclays decreased their price objective on Kanzhun from $27.
00 to $14.00 and set an “overweight” rating for the company in a report on Friday, August 30th. JPMorgan Chase & Co.
upped their target price on Kanzhun from $23.00 to $24.50 and gave the company an “overweight” rating in a research report on Wednesday, May 22nd.
Daiwa America raised Kanzhun to a “hold” rating in a research report on Thursday, July 25th. Daiwa Capital Markets downgraded Kanzhun from a “buy” rating to a “neutral” rating in a research report on Thursday, July 25th. Finally, UBS Group upped their target price on Kanzhun from $22.
00 to $23.50 and gave the company a “neutral” rating in a research report on Wednesday, May 22nd. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company.
Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $23.40.
View Our Latest Stock Report on BZ Hedge Funds Weigh In On Kanzhun Kanzhun Price Performance Shares of Kanzhun stock traded down $0.34 during trading on Wednesday, hitting $12.10.
1,574,456 shares of the stock were exchanged, compared to its average volume of 3,883,778. Kanzhun has a 12-month low of $10.57 and a 12-month high of $22.
74. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 31.
03 and a beta of 0.47. The firm’s 50-day moving average price is $13.
92 and its 200 day moving average price is $17.62. Kanzhun Company Profile ( Get Free Report ) Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China.
The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process. Featured Stories Receive News & Ratings for Kanzhun Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kanzhun and related companies with MarketBeat.
com's FREE daily email newsletter ..
