FIL Ltd raised its stake in shares of ZKH Group Limited (NYSE:ZKH - Free Report) by 30.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,845,797 shares of the company's stock after acquiring an additional 888,000 shares during the period. FIL Ltd owned approximately 3.01% of ZKH Group worth $13,499,000 as of its most recent SEC filing.
Separately, State Street Corp purchased a new position in shares of ZKH Group during the third quarter worth $45,000. 9.52% of the stock is currently owned by institutional investors.
ZKH Group Trading Down 0.7 %
ZKH traded down $0.02 during mid-day trading on Thursday, hitting $2.90. 24,480 shares of the stock were exchanged, compared to its average volume of 83,317. The company has a market cap of $468.88 million, a PE ratio of -8.29 and a beta of -0.21. The company has a current ratio of 1.81, a quick ratio of 1.62 and a debt-to-equity ratio of 0.05. The firm's fifty day moving average is $3.45 and its two-hundred day moving average is $3.57. ZKH Group Limited has a 1-year low of $2.62 and a 1-year high of $14.48.
About ZKH Group
(
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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