2 weeks Ago By ABMN Staff
CICC Research assumed coverage on shares of ZKH Group ( NYSE:ZKH – Free Report ) in a research report sent to investors on Monday, Benzinga reports. The firm issued an outperform rating and a $4.00 price target on the stock.
ZKH Group Price Performance Shares of NYSE ZKH opened at $3.69 on Monday. The company has a current ratio of 1.
80, a quick ratio of 1.61 and a debt-to-equity ratio of 0.04.
ZKH Group has a 12 month low of $2.62 and a 12 month high of $21.91.
The stock has a 50 day moving average of $3.05 and a 200-day moving average of $7.82.
ZKH Group ( NYSE:ZKH – Get Free Report ) last released its quarterly earnings results on Thursday, August 22nd. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.
03 by ($0.09). The company had revenue of $309.
61 million during the quarter. Hedge Funds Weigh In On ZKH Group A hedge fund recently bought a new stake in ZKH Group stock. XTX Topco Ltd purchased a new position in shares of ZKH Group Limited ( NYSE:ZKH – Free Report ) in the second quarter, according to the company in its most recent Form 13F filing with the SEC.
The fund purchased 20,650 shares of the company’s stock, valued at approximately $81,000. 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. See Also Receive News & Ratings for ZKH Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZKH Group and related companies with MarketBeat.
com's FREE daily email newsletter ..
