Shares of ZKH Group Limited (NYSE:ZKH - Get Free Report) fell 6.3% during trading on Monday . The stock traded as low as $11.30 and last traded at $11.39. 7,622 shares were traded during trading, a decline of 87% from the average session volume of 58,975 shares. The stock had previously closed at $12.16.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft initiated coverage on shares of ZKH Group in a research report on Friday, January 26th. They set a "buy" rating and a $21.30 price target for the company.
View Our Latest Stock Report on ZKH Group
ZKH Group Stock Performance
The company has a current ratio of 1.73, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05. The stock has a 50 day moving average of $17.40.
ZKH Group (NYSE:ZKH - Get Free Report) last released its quarterly earnings data on Tuesday, March 19th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $344.22 million for the quarter.
About ZKH Group
(
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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 also provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.
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