ZKH Group Limited (NYSE:ZKH - Get Free Report) shares traded down 5.3% during mid-day trading on Wednesday . The stock traded as low as $10.10 and last traded at $10.10. 11,619 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 51,537 shares. The stock had previously closed at $10.67.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft started coverage on ZKH Group in a report on Friday, January 26th. They set a "buy" rating and a $21.30 target price on the stock.
Read Our Latest Stock Analysis on ZKH
ZKH Group Stock Performance
The firm's 50 day moving average is $14.58. The company has a current ratio of 1.73, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05.
ZKH Group (NYSE:ZKH - Get Free Report) last posted its quarterly earnings results on Tuesday, May 21st. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $257.66 million during the quarter.
About ZKH Group
(
Get 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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