ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $30.07, but opened at $29.00. ZEEKR Intelligent Technology shares last traded at $29.22, with a volume of 89,081 shares.
Analyst Upgrades and Downgrades
Separately, Macquarie dropped 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 report on Wednesday, May 28th.
Get Our Latest Research Report on ZEEKR Intelligent Technology
ZEEKR Intelligent Technology Stock Performance
The company has a market capitalization of $7.52 billion, a PE ratio of -10.16 and a beta of 0.03. The company's 50-day simple moving average is $27.22 and its 200-day simple moving average is $25.74.
ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.39) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($5.08) by $4.69. The company had revenue of $3.03 billion during the quarter. Analysts expect that ZEEKR Intelligent Technology Holding Limited Unsponsored ADR will post -1.76 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in ZK. Charles Schwab Investment Management Inc. purchased a new position in ZEEKR Intelligent Technology in the 4th quarter valued at about $589,000. Quantbot Technologies LP purchased a new position in ZEEKR Intelligent Technology in the fourth quarter valued at about $86,000. Vanguard Group Inc. acquired a new stake in ZEEKR Intelligent Technology during the 4th quarter valued at approximately $22,125,000. JPMorgan Chase & Co. purchased a new stake in ZEEKR Intelligent Technology during the 4th quarter worth approximately $145,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of ZEEKR Intelligent Technology in the 4th quarter valued at approximately $768,000.
About ZEEKR Intelligent Technology
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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.
See Also
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