Vontobel Holding Ltd. acquired a new stake in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 11,153 shares of the company's stock, valued at approximately $269,000.
Several other large investors also recently modified their holdings of the stock. Quantbot Technologies LP acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth $86,000. JPMorgan Chase & Co. acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth $145,000. Envestnet Asset Management Inc. acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth $202,000. Wells Fargo & Company MN acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth $217,000. Finally, Franklin Resources Inc. acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter worth $244,000.
ZEEKR Intelligent Technology Price Performance
NYSE:ZK traded up $0.81 during trading hours on Thursday, hitting $26.78. The company's stock had a trading volume of 69,720 shares, compared to its average volume of 767,560. The stock has a fifty day simple moving average of $26.53 and a 200-day simple moving average of $25.76. The company has a market capitalization of $6.81 billion, a P/E ratio of -9.22 and a beta of 0.03. 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 released its quarterly earnings data on Thursday, May 15th. The company reported ($0.39) earnings per share for the quarter, beating the consensus estimate of ($5.08) by $4.69. The business had revenue of $3.03 billion during the quarter. On average, equities analysts predict that ZEEKR Intelligent Technology Holding Limited Unsponsored ADR will post -1.76 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, Macquarie reduced their price objective on ZEEKR Intelligent Technology from $47.00 to $38.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 28th.
Read Our Latest Analysis on ZEEKR Intelligent Technology
About ZEEKR Intelligent Technology
(
Free Report)
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.
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