Robeco Institutional Asset Management B.V. Takes Position in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK)

Robeco Institutional Asset Management B.V. bought a new stake in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 16,507 shares of the company's stock, valued at approximately $398,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Quantbot Technologies LP purchased a new stake in ZEEKR Intelligent Technology during the fourth quarter worth approximately $86,000. JPMorgan Chase & Co. purchased a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth approximately $145,000. Envestnet Asset Management Inc. acquired a new position in shares of ZEEKR Intelligent Technology in the 4th quarter valued at $202,000. Wells Fargo & Company MN purchased a new position in shares of ZEEKR Intelligent Technology in the 4th quarter valued at $217,000. Finally, Franklin Resources Inc. acquired a new stake in ZEEKR Intelligent Technology during the 4th quarter worth $244,000.

ZEEKR Intelligent Technology Price Performance

Shares of ZK stock traded up $0.15 during trading hours on Thursday, hitting $25.89. The stock had a trading volume of 104,175 shares, compared to its average volume of 773,337. The firm has a market capitalization of $6.58 billion, a PE ratio of -8.90 and a beta of 0.03. The stock's 50 day moving average is $26.06 and its 200 day moving average is $25.81. ZEEKR Intelligent Technology Holding Limited Unsponsored ADR has a twelve month low of $13.00 and a twelve month high of $33.32.

ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.39) earnings per share for the quarter, topping analysts' consensus estimates of ($5.08) by $4.69. The business had revenue of $3.03 billion for the quarter. As a group, equities analysts predict that ZEEKR Intelligent Technology Holding Limited Unsponsored ADR will post -1.76 earnings per share for the current year.

Analyst Ratings Changes

Separately, Macquarie decreased their price objective on shares of ZEEKR Intelligent Technology from $47.00 to $38.00 and set an "outperform" rating for the company in a research note on Wednesday, May 28th.

ZEEKR Intelligent Technology Profile

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.