Kanzhun Limited (NASDAQ:BZ - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $14.31, but opened at $13.75. Kanzhun shares last traded at $14.09, with a volume of 1,042,146 shares.
Wall Street Analysts Forecast Growth
BZ has been the subject of a number of research analyst reports. Barclays boosted their target price on shares of Kanzhun from $16.00 to $22.00 and gave the stock an "overweight" rating in a research report on Thursday, March 13th. Sanford C. Bernstein restated a "market perform" rating and issued a $18.00 price objective on shares of Kanzhun in a research note on Wednesday, March 12th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Kanzhun presently has an average rating of "Moderate Buy" and an average target price of $21.71.
Get Our Latest Analysis on BZ
Kanzhun Trading Down 2.2 %
The stock has a 50 day moving average price of $17.08 and a two-hundred day moving average price of $15.45. The company has a market cap of $5.39 billion, a price-to-earnings ratio of 31.09 and a beta of 0.32.
Institutional Trading of Kanzhun
Hedge funds have recently modified their holdings of the company. State Street Corp grew its holdings in shares of Kanzhun by 2.8% in the 3rd quarter. State Street Corp now owns 5,084,631 shares of the company's stock valued at $88,269,000 after buying an additional 138,804 shares during the period. Public Employees Retirement System of Ohio bought a new position in Kanzhun in the third quarter valued at approximately $1,430,000. Barclays PLC lifted its position in Kanzhun by 58.7% in the 3rd quarter. Barclays PLC now owns 450,663 shares of the company's stock valued at $7,824,000 after acquiring an additional 166,683 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Kanzhun by 3.3% in the third quarter. Geode Capital Management LLC now owns 1,822,128 shares of the company's stock valued at $31,404,000 after purchasing an additional 58,065 shares in the last quarter. Finally, Tidal Investments LLC bought a new position in shares of Kanzhun during the third quarter worth about $662,000. 60.67% of the stock is currently owned by institutional investors and hedge funds.
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.
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